CNNBC recently reported that the mean annual cost of auto insurance is deviation is 219 dollars, and the cost is normally distributed. You take a simple random sample of 8 auto insurance policies. Round your answers to 4 decimal places. a. What is the distribution of X? X - N( b. What is the distribution of a? - N( c. What is the probability that one randomly selected auto insurance is less than $996? d. a simple random sample of 8 auto insurance policies, find the probability that the average cost is less than $996. e. For part d), is the assumption of normal necessary? Yes No > Next Question
CNNBC recently reported that the mean annual cost of auto insurance is deviation is 219 dollars, and the cost is normally distributed. You take a simple random sample of 8 auto insurance policies. Round your answers to 4 decimal places. a. What is the distribution of X? X - N( b. What is the distribution of a? - N( c. What is the probability that one randomly selected auto insurance is less than $996? d. a simple random sample of 8 auto insurance policies, find the probability that the average cost is less than $996. e. For part d), is the assumption of normal necessary? Yes No > Next Question
MATLAB: An Introduction with Applications
6th Edition
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Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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![CNNBC recently reported that the mean annual cost of auto insurance is 1050 dollars. Assume the standard
deviation is 219 dollars, and the cost is normally distributed. You take a simple random sample of 8 auto
insurance policies. Round your answers to 4 decimal places.
a. What is the distribution of X? X - NO
b. What is the distribution of x? x - N(
c. What is the probability that one randomly selected auto insurance is less than $996?
d. a simple random sample of 8 auto insurance policies, find the probability that the average cost is less
than $996.
e. For part d), is the assumption of normal necessary? O Yes No
> Next Question](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F998c0d1a-ff65-42b1-8215-acf4aa1ab8d8%2F9524d43e-61e8-4dad-9c9c-356102b2e244%2F178ocff_processed.jpeg&w=3840&q=75)
Transcribed Image Text:CNNBC recently reported that the mean annual cost of auto insurance is 1050 dollars. Assume the standard
deviation is 219 dollars, and the cost is normally distributed. You take a simple random sample of 8 auto
insurance policies. Round your answers to 4 decimal places.
a. What is the distribution of X? X - NO
b. What is the distribution of x? x - N(
c. What is the probability that one randomly selected auto insurance is less than $996?
d. a simple random sample of 8 auto insurance policies, find the probability that the average cost is less
than $996.
e. For part d), is the assumption of normal necessary? O Yes No
> Next Question
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