Basic Business Statistics, Student Value Edition
Basic Business Statistics, Student Value Edition
14th Edition
ISBN: 9780134685113
Author: Mark L. Berenson, David M. Levine, David F. Stephan, Kathryn Szabat
Publisher: PEARSON
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Chapter 7, Problem 29PS

In problem 7.28, suppose that the mean amount of juice squeezed is 5.0 ounces.

a. What is probability that sample mean amount of juice will be at least 4.60 ounces?

b. The probability is 70 % that the sample mean amount of juice will be contained between what two values symmetrically distributed around the population mean?

c. The probability is 77 % that the sample mean amount of juice will be contained between what two values symmetrically distributed around the population mean?

d. Compare the results of (a) through (c) with the results of Problem 7.28 (a) through (c).

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Basic Business Statistics, Student Value Edition

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