Jessica knows that the average profit of manufacturing plants nationwide each year is $100,000 with a standard deviation of $16,000. The distribution is known to be right skewed. She takes a sample of 35 plants from her state, what is the probability that the mean annual profit for plants in her sample is less than $95,000?

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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Jessica knows that the average profit of manufacturing plants nationwide each year is $100,000
with a standard deviation of $16,000. The distribution is known to be right skewed. She takes a
sample of 35 plants from her state, what is the probability that the mean annual profit for plants in
her sample is less than $95,000?
Transcribed Image Text:Jessica knows that the average profit of manufacturing plants nationwide each year is $100,000 with a standard deviation of $16,000. The distribution is known to be right skewed. She takes a sample of 35 plants from her state, what is the probability that the mean annual profit for plants in her sample is less than $95,000?
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