Bones Brothers & Associates prepare individual tax returns. Over prior years, Bones Brothers has maintained careful records regarding the time to prepare a return. The mean time to prepare a return is 90 minutes, andthe population standard deviation of this distribution is 14 minutes. Suppose 130 returns from this year are selected and analyzed regarding the preparation time. What is the probability that the mean time for the sampleof 130 returns is between 88 minutes and 92 minutes?Multiple ChoiceApproximately 10.14160.89680.8832

Let X be the random variable from normal distribution with mean (μ) = 90, standard deviation (σ) =…

Answered: Bones Brothers & Associates prepare…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Similar questions

Last year, a person wrote 118 checks. Let the random variable x represent the number of checks he wrote in one day, and assume that it has a Poisson distribution. What is the mean number of checks written per day? What is the standard deviation? What is the variance?
The Aluminum Association reports that the average American uses 56.8 pounds of aluminum in a year. A random sample of 50 households is monitored for one year to determine aluminum usage. If the population standard deviation of annual usage is 12.3 pounds, what is the probability that the sample mean will be each of the following? Appendix A Statistical Tables d. Less than 55 poundse. Less than 49 pounds
The annual income for a sample of 450 part-time students is normally distributed with a mean income of $31,000 and a standard deviation of $3,000. What is the probability their annual income is $22,000-$28,000?
Infant birth weights are normally distributed with a mean of 8 pounds and a standard deviation of 0.8 pounds. What is the probability of infants will weigh between 8.8 and 9.6 pounds
Bones Brothers & Associates prepare individual tax returns. Over prior years, Bones Brothers has maintained careful records regarding the time to prepare a return. The mean time to prepare a return is 90 minutes, and the population standard deviation of this distribution is 16 minutes. Suppose 100 returns from this year are selected and analyzed regarding the preparation time. What is the probability that the mean time for the sample of 100 returns is between 88 minutes and 92 minutes? Multiple Choice Approximately 1 0.1956 0.7752 0.7888
Traveling between University of Santo Tomas and Rizal Park, Manila via shuttle bus takes, on average, 31 minutes with a standard deviation of 5 minutes. In a given time, a bus transported passengers 45 times. What is the probability that the average transport time was less than 30 minutes? Assume the mean time is measured to the nearest minute
Bones Brothers & Associates prepare individual tax returns. Over prior years, Bones Brothers has maintained careful records regarding the time to prepare a return. The mean time to prepare a return is 90 minutes, and the population standard deviation of this distribution is 13 minutes. Suppose 100 returns from this year are selected and analyzed regarding the preparation time. What is the standard error of the mean? Multiple Choice 90 minutes 13 minutes 130 minutes 1.3 minutes
What is the standard deviation if the variance is 6.25? A, 2.5 B, 2.8 C. 3.5 D. 3.8
Records from the Washington Department of Licensing show that 47 former SFCC business students have incorporated their own businesses in the last five years. Eight of these students are selected at random and contacted. Each is asked how many people are employed by their corporation. The responses are: 7, 12, 13, 17, 10, 5, 10, and 6 employees. What is your best estimate of the standard deviation of the number of employees for all 47 corporations?
The mean salary offered to students who are graduating from Coastal State University this year is $ 24,215 , with a standard deviation of $ 3678 . A random sample of 85 Coastal State students graduating this year has been selected. What is the probability that the mean salary offer for these 85 students is $ 24,500 or less?
The Aluminum Association reports that the average American uses 56.8 pounds of aluminum in a year. A random sample of 50 households is monitored for one year to determine aluminum usage. If the population standard deviation of annual usage is 12.3 pounds, what is the probability that the sample mean will be each of the following? Appendix A Statistical Tables a. More than 60 poundsb. More than 56 poundsc. Between 55 and 57 pounds
Last year, a person wrote 116 checks. Let the random variable x represent the number of checks he wrote in one day, and assume that it has a Poisson distribution. What is the mean number of checks written per day? What is the standard deviation? What is the variance?

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

SEE MORE TEXTBOOKS