MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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The average price of a college math textbook is $153 and the standard deviation is $20. Suppose that 8 textbooks are randomly chosen. Round all answers to 4 decimal places where possible.

a. What is the distribution of ¯x? ¯x ~ N(  ?  ,   ?  )

b. For the group of 8, find the probability that the average price is between $144 and $154.    ?

c. Find the first quartile for the average textbook price for this sample size. $      ?   (round to the nearest cent)

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