Question

Assume the annual day care cost per child is normally distributed with a mean of $8000 and a standard deviation of $1500. In a random sample of 300 familles, how many pay morethan $6440 annually for day care per child?Of the 300 families, approximately pay more than 56440 annually for day care per child(Round to the nearest whole number as needed.)

Answer 1

Let's begin by listing out the information given to us:

Mean = $8,000, SD = $1,500

In a sample of 300, how many pay more than $6440?