
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Transcribed Image Text:8th-ed Chapter 07, Advanced Exercises, Problem 103
Let u be the mean annual salary of Major League Baseball players for 2002. Assume that the standard deviation of the salaries of these players is $105,000. what is the probability that the 2002 mean salary of a random
sample of 60 baseball players was within $15.000 of the population mean, u. Assume that
<0.05.
Round your answer to two decimal places.
the tolerance is +/-5%
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