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Find the Requested Probability For a Random Sample of Size Two, Find the Probability

question 74

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Find the requested probability.
-The table reports the distribution of pocket money, in bills, of the 6 students in a statistics seminar.  Student  Hannah  Ming  Keshaun  Tameeka  Jose  Vaishali  Amount, in dollars 244557\begin{array} { c | c | c | c | c | c | c } \text { Student } & \text { Hannah } & \text { Ming } & \text { Keshaun } & \text { Tameeka } & \text { Jose } & \text { Vaishali } \\\hline \text { Amount, in dollars } & 2 & 4 & 4 & 5 & 5 & 7\end{array} For a random sample of size two, find the probability, expressed as a percent rounded to the nearest tenth, that the sample mean will be within $1 of the population mean.


Definitions:

Marketing Mix

A blend of product, price, place (distribution), and promotion strategies used by a company to market its products or services effectively.

Sporting Apparel

Clothing designed specifically for sports participation, including items such as jerseys, shorts, and athletic shoes.

Marketing Plan

A detailed plan or guide that illustrates a company's marketing and advertising strategies for the upcoming period.

Marketing Exchange

The process through which two or more parties transfer goods, services, or ideas in return for something of value.

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