Look at the table showing prices of different items at a grocery store.
2 answers:
You might be interested in
Answer:
And we can find the following probability:
And the last probability can be founded using the normal standard distribution or excel.
Step-by-step explanation:
For this case we define the random variable X as the ages of vehicles. We know the following info for this variable:
represent the mean
represent the deviation in years
They select a sample size of n=40>30. And they want to find this probability:
Since the sample size is large enough we can use the central limit theorem and the distribution for the sample mean would be:
We can use the z score formula given by:
And if we find the z score for 4 we got:
And we can find the following probability:
And the last probability can be founded using the normal standard distribution or excel.