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    Mean

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    A recent study by the Greater Los Angeles Taxi Drivers Association showed that the mean fare charged for service from Hermosa Beach to the Los Angeles International Airport is $18.00 and the standard deviation is $3.50. We select a sample of 15 fares.

    A. What is the likelihood that the sample mean is between $17.00 and $20.00 and explain the answer?

    B. What must you assume to make the above calculation and explain the answer?

    © BrainMass Inc. brainmass.com June 3, 2020, 6:05 pm ad1c9bdddf
    https://brainmass.com/statistics/normal-distribution/47156

    Solution Summary

    The solution explains the questions in a good amount of detail. It can be easily understood by anyone with a basic understanding of the concepts. Overall, a good response.

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