Medicare Hospital Insurance The average yearly Medicare Hospital Insurance benefit per person was $4064 in a recent year. Suppose the benefits are normally distributed with a standard deviation of $460. Round the final answers to at least four decimal places and intermediate z-value calculations to two decimal places. Part 1 of 2 Find the probability that the mean benefit for a random sample of 29 patients is less than $3910. P(X<3910) Part 2 of 2 Find the probability that the mean benefit for a random sample of 29 patients is more than $4140. P(X> 4140) =
Medicare Hospital Insurance The average yearly Medicare Hospital Insurance benefit per person was $4064 in a recent year. Suppose the benefits are normally distributed with a standard deviation of $460. Round the final answers to at least four decimal places and intermediate z-value calculations to two decimal places. Part 1 of 2 Find the probability that the mean benefit for a random sample of 29 patients is less than $3910. P(X<3910) Part 2 of 2 Find the probability that the mean benefit for a random sample of 29 patients is more than $4140. P(X> 4140) =
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 22PFA
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