The average price of a college math textbook is $152 and the standard deviation is $20. Suppose that 49 textbooks are randomly chosen. Round all answers to 4 decimal places where possible. a. What is the distribution of ? T ~ N( b. For the group of 49, find the probability that the average price is between $156 and $159. c. Find the third quartile for the average textbook price for this sample size. $ (round to the nearest cent)
The average price of a college math textbook is $152 and the standard deviation is $20. Suppose that 49 textbooks are randomly chosen. Round all answers to 4 decimal places where possible. a. What is the distribution of ? T ~ N( b. For the group of 49, find the probability that the average price is between $156 and $159. c. Find the third quartile for the average textbook price for this sample size. $ (round to the nearest cent)
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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