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Accordiag to a study it tekes an atrage of 330 minutes for .pdf

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A study found the average time for taxpayers to prepare and file their daily income tax return is 330 minutes, with a standard deviation of 80 minutes. A random sample of 40 taxpayers was taken. The standard error of the sample mean is 80/sqrt(40) = 12.5 minutes. There is a 50% likelihood the sample mean is greater than 320 minutes. There is a 68% likelihood the sample mean is between 320 and 350 minutes.

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Accordiag to a study; it tekes an atrage of 330 minutes for tempejers to preparc, cops; and electronice dily file no income tax return. The dirtnbetion of times follons the normal distribution and the standerd deviation is 80 minutes. A reedom sample of 40 tarpesers Q2) is picked. 2. What is the standed crroc of the meas in this cxample? b. What is the tiecthood the sample mean is greater than 320 minutes? c. Whet is the likelibood the semple mean is betwecn 320 and 350 minutes?

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  • 1. Accordiag to a study; it tekes an atrage of 330 minutes for tempejers to preparc, cops; and electronice dily file no income tax return. The dirtnbetion of times follons the normal distribution and the standerd deviation is 80 minutes. A reedom sample of 40 tarpesers Q2) is picked. 2. What is the standed crroc of the meas in this cxample? b. What is the tiecthood the sample mean is greater than 320 minutes? c. Whet is the likelibood the semple mean is betwecn 320 and 350 minutes?