The average ticket price for a Spring Training baseball game is $29.79, with a standard deviation...
The average ticket price for a Spring Training baseball game is $29.79, with a standard deviation of $7.29. In a random sample of 40 Spring Training tickets, find the probability that the mean ticket price exceeds $32. (Round your answer to three decimal places)
Homework Answers
Let 
denote mean ticket price, then we have to find P(>32)
Now, P(>32)
= 
Given, 
Therefore,
= 
, where 
,
by central limit theorem
=
=
=1 - 0.9725711
=0.027
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The average ticket price for a Spring Training baseball game is
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