We know from central limit theorem, if the size of sample is large (30 or more) , then the sampling distribution of sample mean is approximately normal i.e.
and
We have , and
(Using the standard normal table)
Now, we have , and
(using normal table)
Please help me with this A leading magazine (like Barron's) reported at one time that the...
A leading magazine (like Barron's) reported at one time that the average number of weeks an individual is unemployed is 38 weeks. Assume that for the population of all unemployed individuals the population mean length of unemployment is 38 weeks and that the population standard deviation is 6 weeks. Suppose you would like to select a random sample of 35 unemployed individuals for a follow-up study. Find the probability that a single randomly selected value is less than 39. X<39)0.8389...
A) A leading magazine (like Barron's) reported at one time that the average number of weeks an individual is unemployed is 26 weeks. Assume that for the population of all unemployed individuals the population mean length of unemployment is 26 weeks and that the population standard deviation is 3 weeks. Suppose you would like to select a random sample of 30 unemployed individuals for a follow-up study. Find the probability that a single randomly selected value is less than 25....
A leading magazine (like Barron's) reported at one time that the average number of weeks an individual is unemployed is 27 weeks. Assume that for the population of all unemployed individuals the population mean length of unemployment is 27 weeks and that the population standard deviation is 5 weeks. Suppose you would like to select a random sample of 35 unemployed individuals for a follow-up study Find the probability that a single randomly selected value is less than 28. Pa...
A leading magazine (like Barron's) reported at one time that the average number of weeks an individual is unemployed is 39 weeks. Assume that for the population of all unemployed individuals the population mean length of unemployment is 39 weeks and that the population standard deviation is 2.4 weeks. Suppose you would like to select a random sample of 77 unemployed individuals for a follow-up study. Find the probability that a single randomly selected value is greater than 38.9. P(X...
A leading magazine (like Barron's) reported at one time that the average number of weeks an individual is unemployed is 38 weeks. Assume that for the population of all unemployed individuals the population mean length of unemployment is 38 weeks and that the population standard deviation is 2.4 weeks. Suppose you would like to select a random sample of 73 unemployed individuals for a follow-up study. Find the probability that a single randomly selected value is greater than 37.5. P(X...
Right Answer needed please. A leading magazine (like Barron's) reported at one time that the average number of weeks an individual is unemployed is 39 weeks. Assume that for the population of all unemployed individuals the population mean length of unemployment is 39 weeks and that the population standard deviation is 2.8 weeks. Suppose you would like to select a random sample of 85 unemployed individuals for a follow-up study Find the probability that a single randomly selected value is...
A leading magazine (like Barron's) reported at one time that the average number of weeks an individual is unemployed is 39 weeks. Assume that for the population of all unemployed individuals the population mean length of unemployment is 39 weeks and that the population standard deviation is 2.3 weeks. Suppose you would like to select a random sample of 53 unemployed individuals for a follow-up study. Find the probability that a single randomly selected value isgreater than 38.5. P(X >...
Right answer please. A leading magazine (like Barron's) reported at one time that the is 13.2 weeks. Assume that for the population of all unemployed individuals the population mean length of unemployment is 13.2 weeks and that the population standard deviation is 8.8 weeks. Suppose you would like to select a random sample of 29 unemployed individuals for a follow-up study average number of weeks an individual is unemployed Find the probability that a single randomly selected value is between...
A leading magazine (like Barron's) reported at one time that the average number of weeks an individual is unemployed is 34 weeks. Assume that for the n of all unemployed individuals the population mean length of unemployment is 34 weeks and that the population standard deviation is 3 weeks. Suppose you would like to select a random sample of 57 unemployed individuals for a follow-up study Px> 34.8)-(Enter your answers as numbers accurate to 4 decimal places.) Find the probability...
A leading magazine (like Barron's) reported at one time that the average number of weeks an individual is unemployed is 17 weeks. Assume that for the population of all unemployed individuals the population mean length of unemployment is 17 weeks and that the population standard deviation is 7 weeks. Suppose you would like to select a random sample of 30 unemployed individuals for a follow-up study. Find the probability that a single randomly selected value is less than 16 P(X...