Shimano mountain bikes are displayed in chic clothing, Ask an Expert

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Shimano mountain bikes are displayed in chic clothing boutiques in Milan, Italy, and the average price for the bike in the city is $700. Suppose that the standard deviation of bike prices is $100.

If a random sample of 60 boutiques is selected, what is the probability that the average price for a Shimano mountain bike in this sample will be between $680 and $720?

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Category:- Statistics and Probability
Reference No.:- M92182096

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