A bank has kept records of the checking balances of its customers and determined that the average daily balance of its customers is $300 with a standard deviation of $48 . A random sample of 144 checking accounts is selected

a. What is the probability that the sample mean will be more than $306.60?
b. What is the probability that the sample mean will be less than $308?
c. What is the probability that the sample mean will be between $302 and $308?
d. What is the probability that the sample mean will be at least $296?


a. 0.0495
b. 0.9772
c. 0.2857
d. 0.8413

Business

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