Solved: The mean cost of a five pound bag of shrimp is 50 dollars, Basic Statistics

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The mean cost of a five pound bag of shrimp is 50 dollars

The mean cost of a five pound bag of shrimp is 50 dollars with a standard deviation of 6 dollars.

If a sample of 40 bags of shrimp is randomly selected, what is the probability that the sample mean would be less than 51.3 dollars? Round your answer to four decimal places.

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Basic Statistics: The mean cost of a five pound bag of shrimp is 50 dollars

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Basic Statistics: The mean cost of a five pound bag of shrimp is 50 dollars

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