8.34. Information from the American Institute of Insurance indicates the mean amount of life insurance per household in the United States is $110,000. This distribution is positively skewed. The standard deviation of the population is not known.
e. Find the likelihood of selecting a sample with a mean of more than $100,000 but less than $112,000.© BrainMass Inc. brainmass.com June 3, 2020, 8:42 pm ad1c9bdddf