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Author Question: A bank has kept records of the checking balances of its customers and determined that the average ... (Read 154 times)

agstelzer01

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A bank has kept records of the checking balances of its customers and determined that the average daily balance of its customers is $300 with a standard deviation of $48. A random sample of 144 checking accounts is selected.

a.What is the probability that the sample mean will be more than $306.60?
b.What is the probability that the sample mean will be less than $308?
c.What is the probability that the sample mean will be between $302 and $308?
d.What is the probability that the sample mean will be at least $296?



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Marked as best answer by agstelzer01 on Mar 25, 2023

sakura282000

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agstelzer01

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Reply 2 on: Mar 25, 2023
Excellent


nothere

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Reply 3 on: Yesterday
Gracias!

 

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