Major league baseball salaries averaged $3.26 million with a standard deviation of $1.2 million in 2009. Suppose a sample of 100 major league players was taken. Find the approximate probability that the mean salary of the 100 players was less than $2.5 million.
A) Approximately 0
B) 0.0151
C) 0.9849
D) Approximately 1
Correct Answer:
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