The Internal Revenue Service reports that the mean federal income tax paid in the year 2010 was $8040. Assume that the standard deviation is $4800. The IRS plans to draw a sample of 1000 tax returns to study the effect of a new tax law. d) Would it be unusual if the sample mean were less than 7600? Round the answer to at least four decimal places.

MATLAB: An Introduction with Applications
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The Internal Revenue Service reports that the mean federal income tax paid in the year 2010 was $8040. Assume
that the standard deviation is $4800. The IRS plans to draw a sample of 1000 tax returns to study the effect of a
new tax law. d) Would it be unusual if the sample mean were less than 7600? Round the answer to at least four
decimal places.
Transcribed Image Text:The Internal Revenue Service reports that the mean federal income tax paid in the year 2010 was $8040. Assume that the standard deviation is $4800. The IRS plans to draw a sample of 1000 tax returns to study the effect of a new tax law. d) Would it be unusual if the sample mean were less than 7600? Round the answer to at least four decimal places.
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