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Question
The price of a particular brand of jeans has a mean of $37.99 and a standard deviation of $7. A sample of 49 pairs of jeans is selected. Use Excel to answer the following questions.a. What is the probability that the sample of jeans will have a mean price less than $40?
b. What is the probability that the sample of jeans will have a mean price between $38 and $39?
c. What is the probability that the sample of jeans will have a mean price within $3 of the population mean?
Answer
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