CNNBC recently reported that the mean annual cost of auto insurance is 1050 dollars. Assume the standard deviation is 211 dollars, and the cost is normally distributed. You take a simple random sample of 12 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 ? - N( c. What is the probability that one randomly selected auto insurance is more than $1072? d. a simple random sample of 12 auto insurance policies, find the probability that the average cost is more than $1072. e. For part d), is the assumption of normal necessary? Yes No Check Answer
CNNBC recently reported that the mean annual cost of auto insurance is 1050 dollars. Assume the standard deviation is 211 dollars, and the cost is normally distributed. You take a simple random sample of 12 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 ? - N( c. What is the probability that one randomly selected auto insurance is more than $1072? d. a simple random sample of 12 auto insurance policies, find the probability that the average cost is more than $1072. e. For part d), is the assumption of normal necessary? Yes No Check Answer
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter7: Analytic Trigonometry
Section7.6: The Inverse Trigonometric Functions
Problem 94E
Related questions
Question
Help pls
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 4 steps with 1 images
Recommended textbooks for you
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill