What is the probability that the sample mean is greater

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Reference no: EM13768857

According to an IRS study, it takes a mean time of 290 minutes for taxpayers to prepare, copy and electronically transfer a 1040 tax form. The standard deviation of this distribution is 75 minutes. A consumer watchdog agency selects a random sample of 45 taxpayers for further study.

A. What is the shape, mean(expected value), and standard deviation of the sampling distribution of the sample mean for samples of size 45?

B. What is the probability that the sample mean is greater than 310 minutes?

C. What is the probability that the sample mean is less than 5 hours?

Reference no: EM13768857

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