Given the choice between receiving $1.000.000 in one month or a single penny-doubled everyday for the period of one month; which option would you choice? show your work to support your answer. (assume that 1 month=30 days)
Thompson and thompson is a steel bolts manufacturing company. their current steel bolts have a mean diameter of 127 millimeters, and a variance of 36. if a random sample of 35 steel bolts is selected, what is the probability that the sample mean would differ from the population mean by greater than 0.5 millimeters? round your answer to four decimal places.