CNNBC recently reported that the mean annual cost of auto insurance is 1048 dollars. Assume the standard deviation is 282 dollars. You take a simple random sample of 55 auto insurance policies. Find the probability that a sample of size n =55 is randomly selected with a mean less than 997 dollars.

0.0899.

Step-by-step explanation:

Given: CNNBC recently reported that the mean annual cost of auto insurance is 1048 dollars, the standard deviation is 282 dollars.

Sample size : n= 55

Let be the sample mean.

The probability that a sample of size n =55 is randomly selected with a mean less than 997 dollars:

Hence, the required probability = 0.0899 .

w'x is 0.

hope it

idk lol xd

step-by-step explanation:

ez do it yourself lazy