The mean undergraduate cost for tuition, fees, room, and board for four-year institutions was $26,489 for a recent academic year. Suppose that o=$3104 and that 36 four-year nstitutions are randomly selected. Find the probability that the sample mean cost for hese 36 schools is less than $27,300.

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a..97
b..94
c..91
d..88
The mean undergraduate cost for tuition, fees, room, and board for four-year institutions
$3104 and that 36 four-year
was $26,489 for a recent academic year. Suppose that o=
institutions are randomly selected. Find the probability that the sample mean cost for
these 36 schools is less than $27,300.
Transcribed Image Text:The mean undergraduate cost for tuition, fees, room, and board for four-year institutions $3104 and that 36 four-year was $26,489 for a recent academic year. Suppose that o= institutions are randomly selected. Find the probability that the sample mean cost for these 36 schools is less than $27,300.
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