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What is the chance hrc finds a sample mean

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Human Resource Consulting (HRC) surveyed a random sample of 60 construction companies to find information on the costs os their health care plans. One of the items being tracked is the annual deductible that employees must pay. The Minnesota Department of Labor reports that historically the mean deductible amount per employee is $502 with a standard deviation of $100.

What is the chance HRC finds a sample mean between $477 and $527?

Reference no: EM132850776

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