Find the indicated probability and interpret the result.
From 1975 through 2020, the mean annual gain of the Dow Jones Industrial Average was 651.
A random sample of 34 years is selected from this population. What is the probability that the mean gain for the sample was between 500 and 800? Assume sigmaequals1541.
Question content area bottom
Part 1
The probability is
enter your response here.
(Round to four decimal places as needed.)
Part 2
Interpret the result. Select the correct choice and fill in the answer box to complete your choice.
(Round to two decimal places as needed.)
A.
About
enter your response here% of samples of 46 years will have an annual mean gain between 500 and 800.
B.
About
enter your response here% of samples of 34 years will have an annual mean gain between 500 and 800.
C.
About
enter your response here% of samples of 34 years will have an annual mean gain between 651 and 800.
D.
About
enter your response here% of samples of 34 years will have an annual mean gain between 500 and 651.