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Find the indicated probability and interpret the result. From 1975 through 2020, the mean annual gain of the Dow Jones Industrial Average was 653. A random sample of 34 years is selected from this population. What is the probability that the mean gain for the sample was between 500 and 700? Assume σ = 1540. The probability is 2904. (Round to four decimal places as needed.) Interpret the result. Select the correct choice and fill in the answer box to complete your choice. (Round to two decimal places as needed.) A. About OB. About OC. About OD. About % of samples of 34 years will have an annual mean gain between 500 and 653. I % of samples of 34 years will have an annual mean gain between 500 and 700. % of samples of 46 years will have an annual mean gain between 500 and 700. % of samples of 34 years will have an annual mean gain between 653 and 700.

Find the indicated probability and interpret the result. From 1975 through 2020, the mean annual gain of the Dow Jones Industrial Average was 653. A random sample of 34 years is selected from this population. What is the probability that the mean gain for the sample was between 500 and 700? Assume σ = 1540. The probability is 2904. (Round to four decimal places as needed.) Interpret the result. Select the correct choice and fill in the answer box to complete your choice. (Round to two decimal places as needed.) A. About OB. About OC. About OD. About % of samples of 34 years will have an annual mean gain between 500 and 653. I % of samples of 34 years will have an annual mean gain between 500 and 700. % of samples of 46 years will have an annual mean gain between 500 and 700. % of samples of 34 years will have an annual mean gain between 653 and 700.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 8PPS
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Find the indicated probability and interpret the result. From 1975 through 2020, the mean annual gain of the Dow Jones Industrial Average was 653. A random sample of 34 years is selected from this population. What is the probability that the mean gain for the sample was between 500 and 700? Assume σ = 1540. The probability is 2904 (Round to four decimal places as needed.) Interpret the result. Select the correct choice and fill in the answer box to complete your choice. (Round to two decimal places as needed.) O A. About OB. About OC. About OD. About % of samples of 34 years will have an annual mean gain between 500 and 653. % of samples of 34 years will have an annual mean gain between 500 and 700. % of samples of 46 years will have an annual mean gain between 500 and 700. % of samples of 34 years will have an annual mean gain between 653 and 700.
Transcribed Image Text:Find the indicated probability and interpret the result. From 1975 through 2020, the mean annual gain of the Dow Jones Industrial Average was 653. A random sample of 34 years is selected from this population. What is the probability that the mean gain for the sample was between 500 and 700? Assume σ = 1540. The probability is 2904 (Round to four decimal places as needed.) Interpret the result. Select the correct choice and fill in the answer box to complete your choice. (Round to two decimal places as needed.) O A. About OB. About OC. About OD. About % of samples of 34 years will have an annual mean gain between 500 and 653. % of samples of 34 years will have an annual mean gain between 500 and 700. % of samples of 46 years will have an annual mean gain between 500 and 700. % of samples of 34 years will have an annual mean gain between 653 and 700.
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