CNNBC recently reported that the mean annual cost of auto insurance is 1013 dollars. Assume the standard deviation is 270 dollars. You take a simple random sample of 82 auto insurance policies. Find...


CNNBC recently reported that the mean annual cost of<br>auto insurance is 1013 dollars. Assume the standard<br>deviation is 270 dollars. You take a simple random sample<br>of 82 auto insurance policies.<br>Find the probability that a single randomly selected value<br>is at least 963 dollars.<br>P(X > 963) =<br>82 is<br>Find the probability that a sample of size n =<br>randomly selected with a mean that is at least 963 dollars.<br>Р(М > 963) -<br>Enter your answers as numbers accurate to 4 decimal<br>places.<br>

Extracted text: CNNBC recently reported that the mean annual cost of auto insurance is 1013 dollars. Assume the standard deviation is 270 dollars. You take a simple random sample of 82 auto insurance policies. Find the probability that a single randomly selected value is at least 963 dollars. P(X > 963) = 82 is Find the probability that a sample of size n = randomly selected with a mean that is at least 963 dollars. Р(М > 963) - Enter your answers as numbers accurate to 4 decimal places.

Jun 08, 2022
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