What is the probability that the mean ticket price

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Suppose the mean movie ticket costs μ = $8.92. Assume the standard deviation is σ = $1.42. Suppose Steven surveys a SRS of 64 theaters concerning their ticket prices.

a. Determine μx¯.

b. Determine σx¯ to the nearest thousandth.

c. State the z-score for x¯ = $8.50 to the nearest hundredth.

d. What is the probability that the mean ticket price in Steven's sample is over $8.50?

Reference no: EM132413640

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