Your company is located in New York City and your job requires that you travel by air to many other major cities such as Boston,Chicago,Los Angeles,Detroit,Houston,Dallas,Atlanta,Denver,and Washington,DC.Your average round-trip airfare for the past year has been $495 with a standard deviation of $240.If for your next year's planning budget you estimate your average air ticket between $395 and $550,what is the probability that the mean, ,of your next 36 flights will fall in this range?
Correct Answer:
Verified
Q21: The average weight of a 4 year
Q22: Fifty percent of all college students attend
Q23: As a general rule,the normal distribution
Q24: The Coca-Cola Company has 40% of the
Q25: A manufacturer of galvanized chains advertises the
Q27: The average cost of renting a compact
Q28: Fifty percent of all college students attend
Q29: In a simple random sample of
Q30: A normally distributed population with 200 elements
Q31: Historically,a company that mails its monthly catalog
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents