The CPA Practice Advisor reports that the mean preparation fee for 2017 federal income tax returns was $273. Use this price as the population mean and assume th population standard deviation of...


The CPA Practice Advisor reports that the mean preparation fee for 2017 federal income tax returns was $273. Use this price as the population mean and assume the population standard deviation of preparation fees is $100.


The CPA Practice Advisor reports that the mean preparation fee for 2017 federal income tax returns was $273. Use this price as the population mean and assume th<br>population standard deviation of preparation fees is $100. Use z-table.<br>Round your answers to four decimal places.<br>a. What is the probability that the mean price for a sample of 30 federal income tax returns is within $16 of the population mean?<br>b. What is the probability that the mean price for a sample of 50 federal income tax returns is within $16 of the population mean?<br>c. What is the probability that the mean price for a sample of 100 federal income tax returns is within $16 of the population mean?<br>

Extracted text: The CPA Practice Advisor reports that the mean preparation fee for 2017 federal income tax returns was $273. Use this price as the population mean and assume th population standard deviation of preparation fees is $100. Use z-table. Round your answers to four decimal places. a. What is the probability that the mean price for a sample of 30 federal income tax returns is within $16 of the population mean? b. What is the probability that the mean price for a sample of 50 federal income tax returns is within $16 of the population mean? c. What is the probability that the mean price for a sample of 100 federal income tax returns is within $16 of the population mean?

Jun 11, 2022
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