14. A simple random sample of 45 is taken from a population of 500. a. What is the expected value of the sampling distribution of x? b. What is the standard deviation, rounded to four decimal places, of the sampling distribution of x? c. What is the probability, rounded to four decimal places, that the average aptitude test in the sample will be between 70 and 80?

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MNM Corporation gives each of its employees an aptitude test. The scores on the test are normally distributed with a
mean of 76 and a standard deviation of 14. A simple random sample of 45 is taken from a population of 500.
a. What is the expected value of the sampling distribution of x?
b. What is the standard deviation, rounded to four decimal places, of the sampling distribution of x?
c. What is the probability, rounded to four decimal places, that the average aptitude test in the sample will be between
70 and 80?
d. What is the probability, rounded to four decimal places, that the average aptitude test in the sample will be greater
than 65?
e. What is the probability, rounded to four decimal places, that the average aptitude test in the sample will be less than
70?
f. If the company wanted to know which people were in the top 15% of their employees, what would the cutoff score
need to be?
Transcribed Image Text:MNM Corporation gives each of its employees an aptitude test. The scores on the test are normally distributed with a mean of 76 and a standard deviation of 14. A simple random sample of 45 is taken from a population of 500. a. What is the expected value of the sampling distribution of x? b. What is the standard deviation, rounded to four decimal places, of the sampling distribution of x? c. What is the probability, rounded to four decimal places, that the average aptitude test in the sample will be between 70 and 80? d. What is the probability, rounded to four decimal places, that the average aptitude test in the sample will be greater than 65? e. What is the probability, rounded to four decimal places, that the average aptitude test in the sample will be less than 70? f. If the company wanted to know which people were in the top 15% of their employees, what would the cutoff score need to be?
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