CNBC recently reported that the mean annual cost of auto insurance is $970. Assume the standard deviation is $241. Find the probability that a single randomly selected value is less than $988. P(X < 988) = Find the probability that a sample of size 93 is randomly selected with a mean less than $988. P(X < 988) = Enter your answers as numbers accurate to 4 decimal places. Submit Question

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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CNBC recently reported that the mean annual cost of auto insurance is $970. Assume the standard
deviation is $241.
Find the probability that a single randomly selected value is less than $988.
P(X < 988) =
Find the probability that a sample of size 93 is randomly selected with a mean less than $988.
PX < 988) =
Enter your answers as numbers accurate to 4 decimal places.
Submit Question
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Transcribed Image Text:CNBC recently reported that the mean annual cost of auto insurance is $970. Assume the standard deviation is $241. Find the probability that a single randomly selected value is less than $988. P(X < 988) = Find the probability that a sample of size 93 is randomly selected with a mean less than $988. PX < 988) = Enter your answers as numbers accurate to 4 decimal places. Submit Question Slide 8 of 11 English (United States) tv MacBook Air 80 888 DII DD F1 F2 F3 F4 F5 F6 F7 FB F9 @ 23 $ & 1 3 4 7 8. Q W E R Y S F G H Z C V B N M %# m
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