[All Steps] For the total population of a large southern city, mean family income is $34,000, with a standard deviation tor the population of $5,000. imagine
Question: For the total population of a large southern city, mean family income is $34,000, with a standard deviation tor the population of $5,000.
- imagine that you take a subsample of 200 city residents. What is the probability that your sample mean is between $33,000 and $34,000?
- For this same sample size. what is the probability that the sample mean exceeds $37,000?
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