The price of a particular brand of jeans has a mean of $37.99 and a standard deviation of $7. A sample of 49 pairs of jeans is selected. Use Excel to answer the following questions: a. What is the probability that the sample of jeans will have a mean price less than $40? b. What is the probability that the sample of jeans will have a mean price between $38 and $39? c. What is the probability that the sample of jeans will have a mean price within $3 of the population mean?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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The price of a particular brand of jeans has a mean of $37.99 and a standard deviation of $7. A sample of 49 pairs of jeans is selected. Use Excel to answer the following questions:
a. What is the probability that the sample of jeans will have a mean price less than $40?
b. What is the probability that the sample of jeans will have a mean price between $38 and $39?
c. What is the probability that the sample of jeans will have a mean price within $3 of the population mean?
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