Multiple Choice
According to an industry report, 26 percent of all households have at least one cell phone. Further, of those that do have a cell phone, the mean monthly bill is $55.90 with a standard deviation equal to $9.60. Recently, a random sample of 400 households was selected. Of these households, 88 indicated that they had cell phones. The mean bill for these 88 households was $57.00. What is the probability of getting 88 or fewer households with cell phones if the numbers provided by the industry report are correct?
A) Approximately 0.0344
B) Nearly 0.4656
C) About 0.1345
D) Can't be determined without knowing the standard deviation
Correct Answer:

Verified
Correct Answer:
Verified
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