1. The average amount of money that a depositor of the Second National City Bank has in an account in $5000 with a standard deviation of $650. A random sample of 36 accounts is taken. What is the probability that the average amount of money that these 36 depositors have in their accounts is a. Between $4800 and $5300? b. Less than $ 4650 and Greater than $5250 c. Greater than $4900
1. The average amount of money that a depositor of the Second National City Bank has in an account in $5000 with a standard deviation of $650. A random sample of 36 accounts is taken. What is the probability that the average amount of money that these 36 depositors have in their accounts is a. Between $4800 and $5300? b. Less than $ 4650 and Greater than $5250 c. Greater than $4900
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question

Transcribed Image Text:DIRECTIONS:
Read each problem carefully. Show your complete solution and present
an illustration for each problem.
1. The average amount of money that a depositor of the Second National City
Bank has in an account in $5000 with a standard deviation of $650. A
random sample of 36 accounts is taken. What is the probability that the
average amount of money that these 36 depositors have in their accounts
is
a. Between $4800 and $5300?
b. Less than $ 4650 and Greater than $5250
c. Greater than $4900
2. The Smith Trucking Company claims that the average weight of its delivery
trucks when fully loaded is 6000 pounds with a standard deviation of 120
pounds. 36 trucks are selected at random and their weights recorded.
Within what limits will the average weights of 90% of the 36 trucks lie?
3. From a finite population consisting of digits 1, 4, 5, and 9, construct the
sampling distribution of the sample mean
a. With a sample size of 2
b. With sample size of 3

Transcribed Image Text:DIRECTIONS:
Read each problem carefully. Show your complete solution and present
an illustration for each problem.
A group of 500 volunteers recorded an average age of 21.5 years and
standard deviation of 9.6 years. Assumed the distribution is normally
1.
distributed.
Find the number of volunteers with ages less than 20 years.
Find the number of volunteers with ages greater than 22 years.
Find the actual age of Roland if 85.31% of the volunteers are younger
а.
b.
c.
than him.
d. If 2.5% of the volunteers are older than Shirley how old is she?
e. Between what ages is the middle 40% of the volunteers?
2.
The mean weight of 1000 students at a certain high school is 140
pounds and the variance is 100 pounds. Assuming that the weights
are normally distributed, how many students weigh:
Between 120 and 145 pounds?
More than 150 pounds?
a.
b.
Expert Solution

This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 4 steps

Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.Recommended textbooks for you

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc

Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning

Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning

Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON

The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman

Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman