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Score: Dof4pts 4 130t20{13complete}v I b I HWSeore: 31 of 87 pm 7.23-T 55 Question Help {I A college has 220 full-time employees that are currently...
i am stuck on these business statistic problems is there anyway you can answer or show me how do do it using statcrunch
Score: Dof4pts 4 130t20{13complete}v I b I HWSeore:35.63%. 31 of 87 pm 7.4.23-T 55 Question Help {I A college has 220 full-time employees that are currently covered under the school's health care plan. The average out-ot—pocket cost for the employees on the plan is$1,943 with a standard deviation of $520. The college is performing an audit of its health care plan and has randomly selected 35 employees to analyze theirout-of-pooket costs. a. Calculate the standard error of the mean. b. What is the probability that the sample mean will be less than $1,395? c. What is the probability that the sample mean will be more than 51.915? d. What is the probability that the sample mean will be between $1 ,955 and $2,020? a. The standard error of the mean is D.(Round to two decimal places as needed.)