Major League Baseball Salaries Averaged $1

question 79

Multiple Choice

Major league baseball salaries averaged $1.5 million with a standard deviation of $0.8 million in 1994. Suppose a sample of 100 major league players was taken. Find the approximate probability that the average salary of the 100 players exceeded $1 million.

• A) 0.7357
• B) approximately 0
• C) approximately 1
• D) 0.2357

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