ENNBC recently reported that the mean annual cost of auto insurance is 1002 dollars. Assume the sta deviation is 269 dollars, and the cost is normally distributed. You take a simple random sample of 18 nsurance policies. Round your answers to 4 decimal places. a. What is the distribution of X? X - N b. What is the distribution of ? ī - N( c. What is the probability that one randomly selected auto insurance is more than $998?

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CNNBC recently reported that the mean annual cost of auto insurance is 1002 dollars. Assume the standard
deviation is 269 dollars, and the cost is normally distributed. You take a simple random sample of 18 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 ? T - N
c. What is the probability that one randomly selected auto insurance is more than $998?
d. a simple random sample of 18 auto insurance policies, find the probability that the average cost is
more than $998.
e. For part d), is the assumption of normal necessary? O NoO Yes
е.
Transcribed Image Text:Question CNNBC recently reported that the mean annual cost of auto insurance is 1002 dollars. Assume the standard deviation is 269 dollars, and the cost is normally distributed. You take a simple random sample of 18 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 ? T - N c. What is the probability that one randomly selected auto insurance is more than $998? d. a simple random sample of 18 auto insurance policies, find the probability that the average cost is more than $998. e. For part d), is the assumption of normal necessary? O NoO Yes е.
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