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The average cost per household of owning a brand new car is P5300. Suppose that we randomly selected 40 households, determine the probability that the sample mean for these 40 households is between P5,350 and P5,600. Assume that the variable is normally distributed and the standard deviation is P1,500. 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... %

The average cost per household of owning a brand new car is P5300. Suppose that we randomly selected 40 households, determine the probability that the sample mean for these 40 households is between P5,350 and P5,600. Assume that the variable is normally distributed and the standard deviation is P1,500. 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... %

A First Course in Probability (10th Edition)
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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The average cost per household of owning a brand new car is P5300. Suppose that we randomly selected 40 households, determine the probability that the sample mean for these 40 households is between $5,350 and $5,600. Assume that the variable is normally distributed and the standard deviation is 1,500. 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 P5300. Suppose that we randomly selected 40 households, determine the probability that the sample mean for these 40 households is between $5,350 and $5,600. Assume that the variable is normally distributed and the standard deviation is 1,500. 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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