Read and answer the following question. If a calculation is not possible, type NA.
Round answers to 2 decimal places.
CNNBC recently reported that the mean annual cost of auto insurance is $989. Assume the standard deviation is $247.
You take a simple random sample of 55 auto insurance policies.
Find the probability that a single randomly selected value is less than $996.
P(x < 996) =
Find the probability that a sample of size is randomly selected with a mean less than $996.
P( < 996) =