Mathematics
Mathematics, 09.04.2020 16:24, Knownothing

Based on a recent report, the cost of healthcare is $8,086 per person in the United States. Suppose that this is the population mean and the population standard deviation is $2,500. A research firm will take a sample of 15 people to investigate the nature of their health expenditures.

What is the probability the sample mean amount of healthcare expenditure will be greater than $9,000?

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Based on a recent report, the cost of healthcare is $8,086 per person in the United States. Suppose...

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