Business, 10.12.2020 16:30 heavyhearttim

48. Refer to the Lincolnville School District bus data. Information provided by manufacturers of school buses suggests the mean maintenance cost per year is $4,400 per bus with a standard deviation of $1,000. Compute the mean maintenance cost for the Lincolnville buses. Does the Lincolnville data seem to be in line with that reported by the manufacturer? Specifically, what is the probability of Lincolnville's mean annual maintenance cost, or greater, given the manufacturer's data?

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48. Refer to the Lincolnville School District bus data. Information provided by manufacturers of sch...