The CPA Practice Advisor reports that the mean preparation fee for 2017 federal income tax returns was $273. Use this price as the population mean and assume the population standard deviation of preparation fees is $100. Use z-table. Round your answers to four decimal places. a. What is the probability that the mean price for a sample of 30 federal income tax returns is within $16 of the population mean? b. What is the probability that the mean price for a sample of 50 federal income tax returns is within $16 of the population mean? c. What is the probability that the mean price for a sample of 100 federal income tax returns is within $16 of the population mean?
The CPA Practice Advisor reports that the mean preparation fee for 2017 federal income tax returns was $273. Use this price as the population mean and assume the population standard deviation of preparation fees is $100. Use z-table. Round your answers to four decimal places. a. What is the probability that the mean price for a sample of 30 federal income tax returns is within $16 of the population mean? b. What is the probability that the mean price for a sample of 50 federal income tax returns is within $16 of the population mean? c. What is the probability that the mean price for a sample of 100 federal income tax returns is within $16 of the population mean?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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