Erickson Harrington
09/22/2023 · Junior High School
Find the indicated probability and interpret the result. From 1975 through 2020 , the mean annual gain of the Dow Jones Industrial Average was 653 . A random sample of 32 years is selected from this population. What is the probability that the mean gain for the sample was between 500 and 800 ? Assume \( \sigma=1541 \).
UpStudy ThothAI Solution
Tutor-Verified Answer
Quick Answer
\( \sqrt{2} \).
Step-by-step Solution
Answered by UpStudy AI and reviewed by a Professional Tutor
UpStudy ThothAI
Self-Developed and Ever-Improving
Thoth AI product is constantly being upgraded and optimized.
Covers All Major Subjects
Capable of handling homework in math, chemistry, biology, physics, and more.
Instant and Accurate
Provides immediate and precise solutions and guidance.
Try Now
Ask Tutors
Ask AI
10x
Fastest way to Get Answers & Solutions
By text
Enter your question here…
By image
Re-Upload
Submit