Mathematics, 25.01.2020 07:31, sin16
Taxi fares are normally distributed with a mean fare of $22.27 and a standard deviation of $2.20.
(a) which should have the greater probability of falling between $21 & $24;
the mean of a random sample of 10 taxi fares or the amount of a single random taxi fare? why?
(b) which should have a greater probability of being over $24-the mean of 10 randomly selected taxi fares or the amount of a single randomly selected taxi fare? why?
Answers: 1
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Taxi fares are normally distributed with a mean fare of $22.27 and a standard deviation of $2.20.