The time it takes to pay off a 50000 car loan follows a


The time it takes to pay off a $50.000 car loan follows a normal distribution with a mean of 35 months and a standard deviation of 8 months.

You randomly sample 16 car loans around $50,000 that are paid off. What is the probability that the sample average is less than 30 months?

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Financial Management: The time it takes to pay off a 50000 car loan follows a
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