(a) Find the sample mean. (Round to two decimal places as needed.)
Inverse Normal Distribution
The method used for finding the corresponding z-critical value in a normal distribution using the known probability is said to be an inverse normal distribution. The inverse normal distribution is a continuous probability distribution with a family of two parameters.
Mean, Median, Mode
It is a descriptive summary of a data set. It can be defined by using some of the measures. The central tendencies do not provide information regarding individual data from the dataset. However, they give a summary of the data set. The central tendency or measure of central tendency is a central or typical value for a probability distribution.
Z-Scores
A z-score is a unit of measurement used in statistics to describe the position of a raw score in terms of its distance from the mean, measured with reference to standard deviation from the mean. Z-scores are useful in statistics because they allow comparison between two scores that belong to different normal distributions.
![The grade point averages (GPA) for 12 randomly selected college students are shown below. Complete parts (a) through (c).
Assume the population is normally distributed.
GPAs: 2.2, 3.3, 2.7, 1.6, 0.8, 4.0, 2.2, 1.4, 3.6, 0.4, 2.4, 3.1
(a) Find the sample mean.
\[ \bar{x} = \] (Round to two decimal places as needed.)
Enter your answer in the answer box and then click Check Answer.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff840fd16-304a-4687-bc6a-eb295e8e37a9%2F2f14f68e-be24-4ab4-8231-8026960c773c%2Fs3y4az8_processed.jpeg&w=3840&q=75)
![The text presents a statistical problem involving the monthly incomes of 12 randomly selected individuals, each holding a bachelor's degree in economics. The task is to perform the following:
(a) Find the sample mean of these incomes. The text requests the calculation to be rounded to one decimal place.
Here's a list of the monthly incomes provided:
- 4450.68
- 4596.76
- 4366.97
- 4455.99
- 4151.86
- 3727.27
- 4283.52
- 4527.93
- 4407.04
- 3946.62
- 4023.95
- 4221.62
The instruction is to enter the answer in the corresponding box and then click "Check Answer." The problem assumes that the population is normally distributed.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff840fd16-304a-4687-bc6a-eb295e8e37a9%2F2f14f68e-be24-4ab4-8231-8026960c773c%2F0culn0n_processed.jpeg&w=3840&q=75)
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