The mean room and board expense per year at four-year colleges is €7,540 and standard deviation is €1245. Assume the room and board yearly expense is normally distributed. You select a simple random sample of 9 colleges. a. What is the probability that the mean room and board is less than €7800? b. What is the probability that the mean room and board is between €7295 and €8765?

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 50E: Flexible Work Hours In a recent survey, people were asked whether they would prefer to work flexible...
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Question 4
The mean room and board expense per year at four-year colleges is €7,540 and standard
deviation is €1245. Assume the room and board yearly expense is normally distributed. You
select a simple random sample of 9 colleges.
a. What is the probability that the mean room and board is less than €7800?
b. What is the probability that the mean room and board is between €7295 and €8765?
Transcribed Image Text:Question 4 The mean room and board expense per year at four-year colleges is €7,540 and standard deviation is €1245. Assume the room and board yearly expense is normally distributed. You select a simple random sample of 9 colleges. a. What is the probability that the mean room and board is less than €7800? b. What is the probability that the mean room and board is between €7295 and €8765?
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