CNNBC recently reported that the mean annual cost of auto insurance is 1031 dollars. Assume the standard deviation is 204 dollars, and the cost is normally distributed. You take a simple random sample of 39 auto insurance policies. Round your answers to 4 decimal places. a. What is the distribution of X? X- N b. What is the distribution of z? -NG c. What is the probability that one randomly selected auto insurance is more than $988? d. a simple random sample of 39 auto insurance policies, find the probability that the average cost is more than $988. e. For part d), is the assumption of normal necessary? ONoOYes

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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ISBN:9780079039897
Author:Carter
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Chapter10: Statistics
Section10.4: Distributions Of Data
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CNNBC recently reported that the mean annual cost of auto insurance is 1031 dollars. Assume the standard
deviation is 204 dollars, and the cost is normally distributed. You take a simple random sample of 39 auto
insurance policies. Round your answers to 4 decimal places.
a. What is the distribution of X? X- N
b. What is the distribution of z? - N
c. What is the probability that one randomly selected auto insurance is more than $988?
d. a simple random sample of 39 auto insurance policies, find the probability that the average cost is more
than $988.
e. For part d), is the assumption of normal necessary? O No Yes
Transcribed Image Text:CNNBC recently reported that the mean annual cost of auto insurance is 1031 dollars. Assume the standard deviation is 204 dollars, and the cost is normally distributed. You take a simple random sample of 39 auto insurance policies. Round your answers to 4 decimal places. a. What is the distribution of X? X- N b. What is the distribution of z? - N c. What is the probability that one randomly selected auto insurance is more than $988? d. a simple random sample of 39 auto insurance policies, find the probability that the average cost is more than $988. e. For part d), is the assumption of normal necessary? O No Yes
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