Per Capita Income of Delaware Residents In a recent year, Delaware had the highest per capita annual income with $51,803. If o $4850, answer the following questions. Assume that the sample is taken from a large population and the correction factor can be ignored. Use a TI-83 Plus/TI 84 Plus calculator and round the answer to at least four decimal places. wwwma #4 What is the probability 490 that random sample of 34 state residents had a mean income less than $49,490. Marnewar24493

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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#4 Please round 4 decimal places. Please underline the answer.
**Per Capita Income of Delaware Residents**

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. Use a TI-83 Plus/TI-84 Plus calculator and round the answer to at least four decimal places.

**Question**:
What is the probability that a random sample of 34 state residents had a mean income less than $49,490?

*P (X̄ < 49,490) = ___* 

(Note: In the context of this question, you would typically use the Central Limit Theorem to answer the probability question by calculating the z-score and finding the corresponding probability from the standard normal distribution table.)
Transcribed Image Text:**Per Capita Income of Delaware Residents** 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. Use a TI-83 Plus/TI-84 Plus calculator and round the answer to at least four decimal places. **Question**: What is the probability that a random sample of 34 state residents had a mean income less than $49,490? *P (X̄ < 49,490) = ___* (Note: In the context of this question, you would typically use the Central Limit Theorem to answer the probability question by calculating the z-score and finding the corresponding probability from the standard normal distribution table.)
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