What is the probability that the sample mean will be more

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Reference no: EM13631470

A bank has kept records of the checking balances of its customers and determined that the average daily balance of its customers is $300 with a standard deviation of $48. A random sample of 144 checking accounts is selected.

a. What is the probability that the sample mean will be more than $306.60?

b. What is the probability that the sample mean will be less than $308?

c. What is the probability that the sample mean will be between $302 and $308?

d. What is the probability that the sample mean will be at least $296?

Reference no: EM13631470

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