Suppose that the average outstanding credit card balance for young professionals is 11,200 with a standard deviation of 2,600. In a simple random sample of 150 young professionals, what is the...


Suppose that the average outstanding credit card balance for young professionals is 11,200 with a standard deviation of 2,600. In a simple random sample of 150 young professionals, what is the probability that the mean outstanding credit card balance does not exceed 12,300.



Jun 06, 2022
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