According to the U.S. Employment and Training Administration, the average weekly unemployment benefit paid out in 2008 $297 was (http://www.ows.doleta.gov/unemploy/hb394.asp). Suppose that the current distribution of weekly unemployment benefits paid out is approximately normally distributed with a mean of $297 and a standard deviation of $74.42. Find the probability that a randomly selected American who is receiving unemployment benefits is receiving (a) more than $400 per week (b) between $200 and $340 per week

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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According to the U.S. Employment and Training Administration, the average weekly
unemployment
benefit
paid
out
in
2008
was
$297
(http://www.ows.doleta.gov/unemploy/hb394.asp). Suppose that the current
distribution of weekly unemployment benefits paid out is approximately normally
distributed with a mean of $297 and a standard deviation of $74.42. Find the
probability that a randomly selected American who is receiving unemployment
benefits is receiving
(a) more than $400 per week
(b) between $200 and $340 per week
Transcribed Image Text:According to the U.S. Employment and Training Administration, the average weekly unemployment benefit paid out in 2008 was $297 (http://www.ows.doleta.gov/unemploy/hb394.asp). Suppose that the current distribution of weekly unemployment benefits paid out is approximately normally distributed with a mean of $297 and a standard deviation of $74.42. Find the probability that a randomly selected American who is receiving unemployment benefits is receiving (a) more than $400 per week (b) between $200 and $340 per week
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