The average cost per household of owning a brand new car is P5000. Suppose that we randomly selected 35 households, determine the probability that the sample mean for these 35 households is between $5,250 and P5,500. Assume that the variable is normally distributed and the standard deviation is P1,550. SD of the sample mean (input 4 decimal places)= type your answer... z-scores (input 2 decimal places) type your answer... type your answer... Final answer/ Probability (input 2 decimal places type your answer... %

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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The average cost per household of owning a brand new car is P5000. Suppose that we randomly
selected 35 households, determine the probability that the sample mean for these 35 households is
between P5,250 and P5,500. Assume that the variable is normally distributed and the standard
deviation is P1,550.
SD of the sample mean (input 4 decimal places)= type your answer...
z-scores (input 2 decimal places) type your answer...
type your answer...
Final answer/ Probability (input 2 decimal places type your answer...
%
Transcribed Image Text:The average cost per household of owning a brand new car is P5000. Suppose that we randomly selected 35 households, determine the probability that the sample mean for these 35 households is between P5,250 and P5,500. Assume that the variable is normally distributed and the standard deviation is P1,550. SD of the sample mean (input 4 decimal places)= type your answer... z-scores (input 2 decimal places) type your answer... type your answer... Final answer/ Probability (input 2 decimal places type your answer... %
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