The average price of a college math textbook is $165 and the standard deviation is $29. Suppose that 16 textbooks are randomly chosen. Round all answers to 4 decimal places where possible. What is the distribution of ¯x? ¯x ~ N(         ?   ,    ?    ) For the group of 16, find the probability that the average price is between $161 and $171? Find the third quartile for the average textbook price for this sample size? $ (round to the nearest cent)

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
icon
Related questions
Question

The average price of a college math textbook is $165 and the standard deviation is $29. Suppose that 16 textbooks are randomly chosen. Round all answers to 4 decimal places where possible.

  1. What is the distribution of ¯x? ¯x ~ N(         ?   ,    ?    )
  2. For the group of 16, find the probability that the average price is between $161 and $171?
  3. Find the third quartile for the average textbook price for this sample size? $ (round to the nearest cent)
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill