The cost of 5 gallons of ice cream has a variance of 36 with a mean of 35 dollars during the summer. What is the probability that the sample mean would be less than  33.8 dollars if a sample of 96 5-gallon pails is randomly selected? Round your answer to four decimal places.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
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...
icon
Related questions
Question
100%

The cost of 5 gallons of ice cream has a variance of 36 with a mean of 35 dollars during the summer.

What is the probability that the sample mean would be less than  33.8 dollars if a sample of 96 5-gallon pails is randomly selected? Round your answer to four decimal places.

 
 
 
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax