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Unformatted text preview: a. .0225 b. .2144 * c. .7734 d. .7856 e. .9800 f. .9878 1 4. At a street intersection in Norman, 6% of all drivers run a red light. From the very large number of drivers on a given day, 500 drivers are selected at random. What is the approximate probability that between twenty-eight and thirty-five of the drivers will run the red light? Circle the correct answer but also show your work. .4744 5. A subdivision on the southwest side of Oklahoma City contains 1,500 houses. The subdivision was built in 1983. A sample of 100 houses is selected randomly and evaluated by an appraiser. If the standard deviation of the appraised value of all the houses in this subdivision is $8,500, what is the probability that the sample mean will exceed the population mean by more than $1,000? .1112 (using the FPCF) 2...
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This test prep was uploaded on 04/22/2008 for the course ECON 2843 taught by Professor Hudgins during the Spring '08 term at The University of Oklahoma.
- Spring '08