The mean tax-return preparation fee H&R Block charged retail customers in 2012 was $183 (The Wall Street Journal, March 7, 2012). Use this price as the population mean and assume the population standard deviation of preparation fees is $50.Round your answers to four decimal places.a. What is the probability that the mean price for a sample of 30 H&R Block retail customers is within $8 of the population mean?b. What is the probability that the mean price for a sample of 50 H&R Block retail customers is within $8 of the population mean?c. What is the probability that the mean price for a sample of 100 H&R Block retail customers is within $8 of the population mean?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter10: Statistics
Section10.4: Distributions Of Data
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The mean tax-return preparation fee H&R Block charged retail customers in 2012 was $183 (The Wall Street Journal, March 7, 2012). Use this price as the population mean and assume the population standard deviation of preparation fees is $50.Round your answers to four decimal places.a. What is the probability that the mean price for a sample of 30 H&R Block retail customers is within $8 of the population mean?b. What is the probability that the mean price for a sample of 50 H&R Block retail customers is within $8 of the population mean?c. What is the probability that the mean price for a sample of 100 H&R Block retail customers is within $8 of the population mean?

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