Chapter 8: Stats Homework

timer Asked: Apr 2nd, 2016

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The amount of money spent by a customer at a discount store has a mean of $100 and a standard deviation of $30. What is the probability that a randomly selected group of 50 shoppers will spend a total of more than $5500? (Hint: The total will be more than $5500 when the sample average exceeds what value?) (Round the answer to four decimal places.)

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