Mathematics, 08.12.2020 02:10, alyssabalinnt

Details CNNBC recently reported that the mean annual cost of auto insurance is 1030 dollars. Assume the standard deviation is 192 dollars. You will use a simple random sample of 52 auto insurance policies.

Find the probability that a single randomly selected policy has a mean value between 1069.9 and 1093.9 dollars.
P(1069.9 < X < 1093.9) =

Find the probability that a random sample of size
n
=
52
n=52
has a mean value between 1069.9 and 1093.9 dollars.
P(1069.9 < M < 1093.9) =

Enter your answers as numbers accurate to 4 decimal places.

Answers: 1

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Details CNNBC recently reported that the mean annual cost of auto insurance is 1030 dollars. Assume...