The mean per capita income is 17.145 dollars per annum with a standard deviation of 505 dollars per annum. What is the probability that the sample mean vould differ from the true mean by less than 40 dollars if a sample of 466 persons is randomly selected? Round your answer to four decimal places.

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.3: Special Probability Density Functions
Problem 8E
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The mean per capita income is 17.145 dollars per annum with a standard deviation of 505 dollars per annum.
What is the probability that the sample mean vould differ from the true mean by less than 40 dollars if a sample of 466 persons is randomly
selected? Round your answer to four decimal places.
Transcribed Image Text:The mean per capita income is 17.145 dollars per annum with a standard deviation of 505 dollars per annum. What is the probability that the sample mean vould differ from the true mean by less than 40 dollars if a sample of 466 persons is randomly selected? Round your answer to four decimal places.
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