Question

50,000 per person per year. Suppose the standard deviation is $15,000 and the distribution is right-skewed. Suppose residents

0 0
Add a comment Improve this question Transcribed image text
Answer #1

- Xu Ni 5o, ove 25,000 10 19 M j = 150,000 Because the central limit S theorem 15000 Elisco [ bre o = do

Add a comment
Know the answer?
Add Answer to:
50,000 per person per year. Suppose the standard deviation is $15,000 and the distribution is right-skewed....
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • The average income in a certain region in 2013 was $68000 per person per year. Suppose...

    The average income in a certain region in 2013 was $68000 per person per year. Suppose the standard deviation is $33000 and the distribution is​ right-skewed. Suppose we take a random sample of 100 residents of the region. What is the probability that the sample mean will be more than $3300 away from the population​ mean?

  • to describe the sampling distribution from a popuation that is skewed right with mean 70 and...

    to describe the sampling distribution from a popuation that is skewed right with mean 70 and standard deviation 15. Jack obtains 1000 random inds the mean of the means, and determines the standard deviation of the means Diane does the same simulation, but obtains 1000 random samples of size n 30 from the population. Complete parts (a) through (e) below Ο A lah dihibution expected to be skewed left but rot as much as the original dtrbution Diane's dstbution iscopo...

  • Suppose Diane and Jack are each attempting to use a simulation to describe the sampling distribution...

    Suppose Diane and Jack are each attempting to use a simulation to describe the sampling distribution from a population that is skewed right with mean 50 and standard deviation 15. Diane obtains 1000 random samples of size 4 from the population, finds the mean of the means, and determines the standard deviation of the means Jack does the same simulation, but obtains 1000 random samples of sten 30 from the population. Complete parts (a) through (c) below (a) Describe the...

  • Suppose Diane and Jack are each attempting to use a simulation to describe the sampling distribution...

    Suppose Diane and Jack are each attempting to use a simulation to describe the sampling distribution from a population that is skewed left with mean 70 and standard deviation 5. Diane obtains 1000 random samples of size n= 4 from the population, finds the mean of the means, and determines the standard deviation of the means. Jack does the same simulation, but obtains 1000 random samples of size n = 40 from the population. Complete parts (a) through (c) below....

  • A population data set is right-skewed and has a mean of 100 and a standard deviation...

    A population data set is right-skewed and has a mean of 100 and a standard deviation of 5. Which of the following is true regarding the sampling distribution of the mean for a sample size of 1,000? Select one: It's standard deviation is 5. It's shape is right-skewed It's standard deviation is 0.158. It's mean is 10.

  • Need help with number 8 and a,b,c please.. 8. Albuquerque's household income is a right-skewed distribution...

    Need help with number 8 and a,b,c please.. 8. Albuquerque's household income is a right-skewed distribution with a mean of approximately $47 thousand and a standard deviation of $23 thousand. (a) Can we use this data to compute what percentage of households make over $70,000? Explain why or why not Lir yes レrri (b) Suppose we take a random sample of 100 households in Albuquerque. What is the mean and standard error of the sampling distribution? (c) What is the...

  • ILIO There are 47 states in a certain country. The histogram shows murder rates per 100...

    ILIO There are 47 states in a certain country. The histogram shows murder rates per 100 000 residents and a number of states that had these rates in a certain year Use this information toomplete parts (a) through (e) to the right a. Is the shape of this distribution best classified as normal skewed left, or skewed right? Choose the correct distribution type below. Murer Rates per 100,000 Residents, by State O A Skewed right O B. Uniform distribution C....

  • Suppose Diane and Jack are each attempting to use a simulation to describe the sampling distribution...

    Suppose Diane and Jack are each attempting to use a simulation to describe the sampling distribution from a population that is skewed left with mean 60 and standard deviation 10. Dane obtains 1000 random samples of siren from the population, finds the mean of the means, and determines the standard deviation of the means Jack does the same simulation, but obtain 1000 random samples of size n-35 from the population Complete parts(a) tough (c) below (a) Describe the shape you...

  • . . = 44 and standard deviation o=2. Suppose that a simple random sample of n=6...

    . . = 44 and standard deviation o=2. Suppose that a simple random sample of n=6 individuals is obtained from a population that is skewed right with mean (a) The shape of the sampling distribution of the sample mean is approximately normal. Is this true or false? (b) What is the mean of the sampling distribution of the sample mean? (c) What is the standard deviation of the sampling distribution of the sample mean? O True (b) Select the correct...

  • Suppose marathon finish times are right skewed with mean 4.75 hours and standard deviation of 36...

    Suppose marathon finish times are right skewed with mean 4.75 hours and standard deviation of 36 minutes. Based on this information, what distribution will the means of finish times for twenty-five (25) randomly selected people running in the 2012 Niagara Falls International Marathon most likely follow?

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT