A random sample of 54 four-year-olds attending day care centers provided a yearly tuition average of $3912 and the population standard deviation of $615. If a day care center were starting up and wanted to keep tuition low, what would be a reasonable amount to charge? Round your answer to the nearest hundred.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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A random sample of 54 four-year-olds attending day care centers provided a yearly tuition average of $3912 and the population standard deviation of $615.

If a day care center were starting up and wanted to keep tuition low, what would be a reasonable amount to charge? Round your answer to the nearest hundred.

 

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