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April 25, 2014

Homework Help: Sampling Distribution

Posted by Angela on Tuesday, May 17, 2011 at 9:48am.

It was reported by the National Forensic Center in the Guide to Experts Fees, 1998-99 that the average fee of forensic accountants for court testimony was 1500. Assume that the population standard deviation is 600. What is the probability that, in a random sample of 100 forensic accountants, the average fee falls between 1450 and 1600 per day?

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