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Hi,
A population has a mean of 300 and a standard deviation of 18. A sample of 144 observations will be taken.
The probability that the sample mean will be between 297 to 303 is:
Note: graph of Standard Normal Curve showing z = 0 and z = ±1, ±2, ±3

In your Ex: P(297 < X < 303)
P ( -3/18/12) < z < 3 /18/12)) = P ( 2 < z < 2) = .9545
Agree with You.
to get .8864, that would be P( -1.5 < z < 1.5)
Using z = ± 1.5 would be incorrect thing to do in this case.
For the normal distribution:
one standard deviation from the mean accounts for about 68.2% of the set
two standard deviations from the mean account for about 95.5%
and three standard deviations from the mean account for about 99.7%.