Find the approximate probability that the average salary of the 400 players that year exceeded $1.1 million.

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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One year, the distribution of salaries for professional sports players had mean $1.6 million and standard deviation $0.8 million. Suppose a sample of 400 major league players was taken. Find the approximate probability that the average salary of the 400 players that year exceeded $1.1 million.

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