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View Full Version : probability sample mean


stolentino
Jan 24, 2013, 06:15 PM
the estimate average tax refund for individuals filling income tax returns during the past year was $1250, with a standard deviation of $500. A random sample of 49 income tax returns was selected.

a) Find the probability that the sample mean tax refund is less than $1125.

b) Find the probabilty that the sample mean tax refund is more than $1400.