Your Company Is Located in New York City and Your $\bar { x }$

question 97

Short Answer

Your company is located in New York City and your job requires that you travel by air to many other major cities such as Boston,Chicago,Los Angeles,Detroit,Houston,Dallas,Atlanta,Denver,and Washington,DC.Your average round-trip airfare for the past year has been $495 with a standard deviation of $240.If for your next year's planning budget you estimate your average air ticket between $395 and $550,what is the probability that the mean, $\bar { x }$ ,of your next 36 flights will fall in this range?

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Definitions:

Underdevelopment

A condition characterized by a lack of economic growth, inadequate social services, and poverty, often referring to countries with a low standard of living and industrial capacity.

Tissue

A group of similar cells and their extracellular matrix that together perform specific functions within an organism.

Organ

A part of the body that performs a specific function or functions, such as the heart, liver, or lungs.

Body

The physical structure of a person or an organism, comprising the bones, muscles, skin, and organs.