Determining average from population with standard deviation, Basic Statistics

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Determining average from population with standard deviation

Assignment:

According to BusinessWeek, profits in the energy sector have been rising, with one company averaging $3.42 monthly per share. Assume this is an average from a population with standard deviation of $1.5. If a random sample of 30 months is selected, what is the probability that its average will exceed $4.00?

Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.

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