Question

Suppose that monthly internet access fees for households average $58, with a standard deviation of $27....

Suppose that monthly internet access fees for households average $58, with a standard deviation of $27. The distribution of internet access fees is skewed, with most households having cheaper plans, and a few paying much more. 500 randomly-selected households with Internet access were asked how much they pay per month.

(a) State the distribution of the mean monthly access fee in such samples.

(b) Why is it that you can identify the distribution in part (a)?

(c) What is the chance that the mean monthly access fee in the sample would be less than $55?

(d) How do we know the sample was representative of the population?

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

I have answered the question below

Please up vote for the same and thanks!!!

Do reach out in the comments for any queries

Answer:

Add a comment
Know the answer?
Add Answer to:
Suppose that monthly internet access fees for households average $58, with a standard deviation of $27....
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
  • Sit-up Fitness (SFC) is a new athletic facility, located in Saskatoon, Saskatchewan. SFC is owned and...

    Sit-up Fitness (SFC) is a new athletic facility, located in Saskatoon, Saskatchewan. SFC is owned and operated by Calvin Power, a former Olympic gold medallist in weightlifting. Calvin decided to make his pas­ sion his business by opening open a local gym. SFC has the following mission statement: “SFC provides the residents of Saskatoon the opportunity to live a healthier, happier, and longer life by providing affordable access to athletic equipment, aerobic classes, and specialized dieticians.” Calvin borrowed $10 million...

  • STA2221 examples on CI & Testing of Hypothesis Name MULTIPLE CHOICE. Choose the one alternative that...

    STA2221 examples on CI & Testing of Hypothesis Name MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answer the question Provide an appropriate response. 1) Find the critical value,te for 0.99 and n-10. A) 3.250 B) 3.169 1.833 D) 2.262 2) Find the critical value to forc=0.95 and n=16. A) 2.947 B) 2.602 2120 D) 2.131 3) Find the value of E, the margin of error, for A) 1.69 B) 0.42 0.99, n=16 and s=2.6. C)...

  • kindly assist with questions 8,10, 12, 14 and questions 18 and 26 thank you 8) noted...

    kindly assist with questions 8,10, 12, 14 and questions 18 and 26 thank you 8) noted thatc Mars, Inc., the c 8 Checolate An article in Aunat of Nutrition (Vol. 130 No. K nacwsds. The article noees egular consumption of foosds rich in h rist of ovonars hoart drsease" The stuty received Funding from M and the Chovolate Manufacturers Association Sampling Methed. In Kxwrvises 9-12, determine whether the sa 17. Gontsxt of the t ngfal way in which e 8...

  • Once upon a time American physicians had it all. Overcoming modest beginnings, internal divisions, and myriad...

    Once upon a time American physicians had it all. Overcoming modest beginnings, internal divisions, and myriad rivals, during the 20th century doctors in the United States achieved “professional sovereignty” (Starr 1982). They secured extraordinary levels of clinical and financial autonomy, as well as social prestige and public deference, and through the American Medical Association (AMA) exerted substantial political influence over health policy making. Organized medicine had a crucial role in shaping the major institutions of American health care, including private...

  • 2) compute contribution margin for each channel 3) compute break even point (in terms of number...

    2) compute contribution margin for each channel 3) compute break even point (in terms of number of orders and dollars) for each distribution channel (HINT  - Fixed costs are all trade show expenses.  Use depreciation for the booth as a fixed cost.  The booth cost should be considered an investment not a fixed cost) 4) Calculate the number of orders at a target profit of $100,000 5) Calculate the profitability for both the low and high order estimates We were...

  • Please read the article and answer about questions. You and the Law Business and law are...

    Please read the article and answer about questions. You and the Law Business and law are inseparable. For B-Money, the two predictably merged when he was negotiat- ing a deal for his tracks. At other times, the merger is unpredictable, like when your business faces an unexpected auto accident, product recall, or government regulation change. In either type of situation, when business owners know the law, they can better protect themselves and sometimes even avoid the problems completely. This chapter...

  • Is anyone help me this question? CASE 2-5 Coping with Corruption in Trading with Vietnam Corruption...

    Is anyone help me this question? CASE 2-5 Coping with Corruption in Trading with Vietnam Corruption is a fact of lifie in China. In fact Transparency Interna-fo travel to cash or gifts. (This was especially true when few tional, a German organization that applies its Corruption PerceptionPRC officials had been abroad.) As a result, traders report that Index (CP) globally. rates China with a CPl of 3.6 and is number dangling foreign trips in fromt of their PRC clients has...

  • And there was a buy-sell arrangement which laid out the conditions under which either shareholder could...

    And there was a buy-sell arrangement which laid out the conditions under which either shareholder could buy out the other. Paul knew that this offer would strengthen his financial picture…but did he really want a partner?It was going to be a long night. read the case study above and answer this question what would you do if you were Paul with regards to financing, and why? ntroductloh Paul McTaggart sat at his desk. Behind him, the computer screen flickered with...

  • 10. The Beck & Watson article is a Group of answer choices quantitative study qualitative study...

    10. The Beck & Watson article is a Group of answer choices quantitative study qualitative study 11. Beck & Watson examined participants' experiences and perceptions using what type of research design? Group of answer choices particpant obersvation phenomenology 12. Select the participants in the Beck & Watson study Group of answer choices Caucasian women with 2-4 children Caucasian pregnant women 13. In the Beck & Watson study, data was collected via a(n) Group of answer choices internet study focus group...

  • 14. Select the number of participants in the Beck & Watson study Group of answer choices...

    14. Select the number of participants in the Beck & Watson study Group of answer choices 8 13 22 35 15. Beck & Watson determined their final sample size via Group of answer choices coding saturation triangulation ethnography 16.Through their study, Beck & Watson determined Group of answer choices after a traumatic birth, subsequent births have no troubling effects after a traumatic birth, subsequent births brought fear, terror, anxiety, and dread Subsequent Childbirth After a Previous Traumatic Birth Beck, Cheryl...

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