Trent Capital Management has 240 full-time employees who are currently covered under the company's health care plan. The average out-of-pocket cost for employees on the plan is $2,080 with a standard deviation of $575. Trent Capital Management is performing an audit of its health care plan and has randomly selected 30 employees to analyze their out-of-pocket costs. What is the probability that the sample mean will be between $2,000 and $2,180? 0.2764 0.3289 0.6053 0.3947

A First Course in Probability (10th Edition)
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Trent Capital Management has 240 full-time employees who are currently covered under the
company's health care plan. The average out-of-pocket cost for employees on the plan is $2,080 with
a standard deviation of $575. Trent Capital Management is performing an audit of its health care
plan and has randomly selected 30 employees to analyze their out-of-pocket costs.
What is the probability that the sample mean will be between $2,000 and $2,180?
0.2764
0.3289
0.6053
0.3947
Transcribed Image Text:Trent Capital Management has 240 full-time employees who are currently covered under the company's health care plan. The average out-of-pocket cost for employees on the plan is $2,080 with a standard deviation of $575. Trent Capital Management is performing an audit of its health care plan and has randomly selected 30 employees to analyze their out-of-pocket costs. What is the probability that the sample mean will be between $2,000 and $2,180? 0.2764 0.3289 0.6053 0.3947
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