What is the probability that the sample mean exceeds $37000

Reference no: EM13240581

For the total population of a large southern city, mean family income is $34000, with a standard deviation (for the population) of $5000.

a. imagine that you are taking a subsample of 200 city residents.. What is the probability that your sample men is between $33000 and $34000?

b. For this same sample size, what is the probability that the sample mean exceeds $37000?

Reference no: EM13240581

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