CNNBC recently reported that the mean annual cost of auto insurance is 1026 dollars. Assume the standard deviation is 281 dollars. You take a simple random sample of 55 auto insurance policies. Assuming the original population forms a bell-shaped distribution, answer the following and round your answers to three decimals. Find the probability that a single randomly selected value exceeds 962 dollars. P(X>962) = Find the probability that a sample of size n = 55 is randomly selected with a mean that exceeds 962 dollars. P(M 962) = Get Help: VIDEO

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