Average christmas spending for a sample, Basic Statistics

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Average christmas spending for a sample

An average american family spends 927 dollars on christmas gifts with Standard Deviation of 200.

What is the probability that an average christmas spending for a sample of 500 families differs from the average by less than 15 dollars? (assume normal distribution)

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Basic Statistics: Average christmas spending for a sample

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Basic Statistics: Average christmas spending for a sample

Reference No:- TGS0722875

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Recent Questions Asked Basic Statistics

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Ask an Expert for Answer!!

Basic Statistics: Average christmas spending for a sample

Reference No:- TGS0722875

Recent Questions Asked Basic Statistics

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