Assume that the average full time college student in the U. requires a total of $10,500 per year to cover the costs of tutition, books and fees with...

Assume that the average full time college student in the U.S. requires a total of $10,500 per year to cover the costs of tutition, books and fees with a standard deviation of $1,300. If 50 full time students are randomly sampled in the U.S., what is the probability that their total annual costs for tutition, books and fees exceed $550,000?