The cost of textbooks is normally distributed with a mean of $203. You do not know the population standard deviation, but you know the sample standard deviation is $48. What is the probability that from a sample of 4 textbooks, their average cost will be less than $238? (Report answer accurate to three decimal places.)

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The cost of textbooks is normally distributed with a mean of $203. You do not know
the population standard deviation, but you know the sample standard deviation is
$48.
What is the probability that from a sample of 4 textbooks, their average cost will be
less than $238? (Report answer accurate to three decimal places.)
Transcribed Image Text:The cost of textbooks is normally distributed with a mean of $203. You do not know the population standard deviation, but you know the sample standard deviation is $48. What is the probability that from a sample of 4 textbooks, their average cost will be less than $238? (Report answer accurate to three decimal places.)
What is the P(- 2.8 <t < 2.8) with a sample size of 4.
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Transcribed Image Text:What is the P(- 2.8 <t < 2.8) with a sample size of 4. www
Expert Solution
Step 1

Solution:

Let X be the cost of textbook.

From the given information, x-bar=$203, s=$48 and n=4.

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