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    modano182's Avatar
    modano182 Posts: 1, Reputation: 1
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    #1

    Oct 24, 2007, 06:40 PM
    Need URGENT Probability Q Answered
    Hi everyone please help me!

    What is the probability that the mean retail price, in a sample of 36, is greater than $21? Assume the population average retail price is $21.4 & the population standard deviation is $1.13.

    Please help...
    jillianleab's Avatar
    jillianleab Posts: 1,194, Reputation: 279
    Ultra Member
     
    #2

    Oct 24, 2007, 07:36 PM
    We don't provide homework answers on this site, but I know how tough statistics can be. Check out the site below; it's an online probability calculator, you should get your answer there. Good luck.

    Probability Calculator: Compute Probability of Events, Unions, Intersections, and Conditional Probability

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