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A First Course in Probability (10th Edition)

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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**Problem Statement**

The time taken by a randomly selected applicant to fill out a mortgage form follows a normal distribution with a mean (\(\mu\)) of 10 minutes and a standard deviation (\(\sigma\)) of 2 minutes. If five individuals complete the form on one day and six on another, calculate the probability that the sample average time on each day is at most 11 minutes. Round your answer to four decimal places.

**Explanation**

This problem requires understanding of the normal distribution, sampling distribution of the sample mean, and probability calculations related to these concepts.

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