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Suppose data made available through a health system tracker showed health expenditures were $10,348 per person...

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Basic Math

Suppose data made available through a health system trackershowed health expenditures were $10,348 per person in the UnitedStates. Use $10,348 as the population mean and suppose a surveyresearch firm will take a sample of 100 people to investigate thenature of their health expenditures. Assume the population standarddeviation is $2,500.

What is the probability the sample mean will be within ±$150 ofthe population mean? (Round your answer to four decimalplaces.)

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