Find the probability and interpret the results. If convenient, use technology to find the probability. The population mean annual salary for environmental compliance specialists is about $63,000. A random sample of 40 specialists is drawn from this population. What is the probability that the mean salary of the sample is less than $61,000? Assume o = $5,700. The probability that the mean salary of the sample is less than $61,000 is (Round to four decimal places as needed.) Interpret the results. Choose the correct answer below. A. Only 13.2% of samples of 40 specialists will have a mean salary less than $61,000. This is an unusual event. B. About 1.32% of samples of 40 specialists will have a mean salary less than $61,000. This is not an unusual event. C. About 13.2% of samples of 40 specialists will have a mean salary less than $61,000. This is not an unusual event. O D. Only 1.32% of samples of 40 specialists will have a mean salary less than $61,000. This is an unusual event.
Find the probability and interpret the results. If convenient, use technology to find the probability. The population mean annual salary for environmental compliance specialists is about $63,000. A random sample of 40 specialists is drawn from this population. What is the probability that the mean salary of the sample is less than $61,000? Assume o = $5,700. The probability that the mean salary of the sample is less than $61,000 is (Round to four decimal places as needed.) Interpret the results. Choose the correct answer below. A. Only 13.2% of samples of 40 specialists will have a mean salary less than $61,000. This is an unusual event. B. About 1.32% of samples of 40 specialists will have a mean salary less than $61,000. This is not an unusual event. C. About 13.2% of samples of 40 specialists will have a mean salary less than $61,000. This is not an unusual event. O D. Only 1.32% of samples of 40 specialists will have a mean salary less than $61,000. This is an unusual event.
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
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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