✅ The verified answer to this question is available below. Our community-reviewed solutions help you understand the material better.
The incomes in a certain large population of college teachers have a normal distribution with mean $75,000 and standard deviation $10,000. Four teachers are selected at random from this population to serve on a committee. What is the probability that their average salary is less than $65,000?
[Hint: firstly consider the standardised z-statistic for the sample average]
Get Unlimited Answers To Exam Questions - Install Crowdly Extension Now!