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
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
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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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
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