In a recent year, Delaware had the highest per capita annual income with  $51,803 . If  =σ$4850 , answer the following questions. Assume that the sample is taken from a large population and the correction factor can be ignored. Round intermediate  z -value calculations to two decimal places and the final answers to at least four decimal places.     What is the probability that a random sample of  39  state residents had a mean income greater than  $50,500 ?   =P>X50,500       P(x̄>50,500)

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 In a recent year, Delaware had the highest per capita annual income with 
$51,803
. If 
=σ$4850
, answer the following questions. Assume that the sample is taken from a large population and the correction factor can be ignored. Round intermediate 
z
-value calculations to two decimal places and the final answers to at least four decimal places.
 
 

What is the probability that a random sample of 

39

 state residents had a mean income greater than 

$50,500

?

 

=P>X50,500
 
 
 
P(x̄>50,500)

 

Expert Solution
Step 1

Given :

Population mean : μ=51803

Population standard deviation : σ=4850

Sample size : n=39

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