Problem 2 uring this time of the pandemic, suppose the mean cost across the country of a 30-day supply of a generic drug is Php 46.58 , with andard deviation Php 4.84. Find the probability that the mean of a sample of 100 prices of 30-day supplies of this drug will be betweem ap 45 and Php 50. Is the pricing fair enough for a 30-day supply despite the pandemic? Why?
Problem 2 uring this time of the pandemic, suppose the mean cost across the country of a 30-day supply of a generic drug is Php 46.58 , with andard deviation Php 4.84. Find the probability that the mean of a sample of 100 prices of 30-day supplies of this drug will be betweem ap 45 and Php 50. Is the pricing fair enough for a 30-day supply despite the pandemic? Why?
Chapter9: Sequences, Probability And Counting Theory
Section9.7: Probability
Problem 1SE: What term is used to express the likelihood of an event occurring? Are there restrictions on its...
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Transcribed Image Text:Problem 2
During this time of the pandemic, suppose the mean cost across the country of a 30-day supply of a generic drug is Php 46.58 , with
standard deviation Php 4.84. Find the probability that the mean of a sample of 100 prices of 30-day supplies of this drug will be betwee
Php 45 and Php 50. Is the pricing fair enough for a 30-day supply despite the pandemic? Why?
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