Suppose that the population mean for income is $50,000, while the population standard deviation is 25,000. If we select a random sample of 1,000 people, what is the probability that sample will have a mean that is less than $49,000?
Suppose that the population mean for income is $50,000, while the population standard deviation is 25,000....
Suppose that the population mean for income is $50,000, while the population standard deviation is 25,000. If we select a random sample of 1,000 people, what is the probability that sample will have a mean that is less than $48,000?
A population has a mean of 200 and a standard deviation of 50. Suppose a random sample of 100 people is selected from this population. What is the probability that the sample mean will be within +/- 5 of the population mean? Hint: use the z-score.
A normally distributed population has a mean of 500 and a standard deviation of 80. a. Determine the probability that a random sample of size 25 selected from this population will have a sample mean less than 463 . b. Determine the probability that a random sample of size 16 selected from the population will have a sample mean greater than or equal to 538. A company makes windows for use in homes and commercial buildings. The standards for glass...
1. The mean income of households in the US is $37922 with standard deviation $12500. Suppose we take a sample of 400 households. Find the probability that the sample mean of these households is: a) Less than $36800 b) (*) Between $36800 and $39700 c) Within $1100 of the population mean
A normally distributed population has a mean of 600 and a standard deviation of 60. a. Determine the probability that a random sample of size 25 selected from this population will have a sample mean less than 579. b. Determine the probability that a random sample of size 16 selected from the population will have a sample mean greater than or equal to 636.
In a large population of adults, the mean IQ and standard deviation are respectively. Suppose 200 adults are randomly selected for a market research campaign. What is the probability that the sample mean is less than 110?
A normally distributed population has a mean of 475 and a standard deviation of 48. a. Determine the probability that a random sample of size 9 selected from this population will have a sample mean less than 451. b. Determine the probability that a random sample of size 16 selected from the population will have a sample mean greater than or equal to 498. a. P(X<451) = (Round to four decimal places as needed.) b. P(X2498) = 1 (Round to...
Suppose cattle in a large herd have a mean weight of 1158lbs1158lbs and a standard deviation of 92lbs92lbs. What is the probability that the mean weight of the sample of cows would differ from the population mean by less than 12lbs12lbs if 5555 cows are sampled at random from the herd? Round your answer to four decimal places.
A normal population has a mean of 64 and a standard deviation of 24. You select a random sample of 32. Use Appendix B.1 for the z-values. Compute the probability that the sample mean is: (Round the final answers to 4 decimal places.) a. Greater than 67. Probability b. Less than 60. Probability c. Between 60 and 67. Probability
A normal population has a mean of 62 and a standard deviation of 14. You select a random sample of 9. Compute the probability the sample mean is: (Round z values to 2 decimal places and final answers to 4 decimal places.) (a) Greater than 64. Probability (b) Less than 58. Probability (c) Between 58 and 64. Probability