Business Weekly conducted a survey of graduates from 30 top MBA programs. On the basis of the survey, assume the mean annual salary for graduates 10 years after graduation is 137000 dollars. Assume the standard deviation is 30000 dollars. Suppose you take a simple random sample of 53 graduates. Find the probability that a single randomly selected policy has a mean value between 131642.9 and 144005.4 dollars. P(131642.9 < X < 144005.4) =  (Enter your answers as numbers accurate to 4 decimal places.) Find the probability that a random sample of size n=53n=53 has a mean value between 131642.9 and 144005.4 dollars. P(131642.9 < M < 144005.4) =  (Enter your answers as numbers accurate to 4 decimal places.)

Q: Assume that women's heights are normally distrubuted with a mean of 63.6 inches and a standard…

A: From the given information, the mean is 63.6 and the standard deviation is 2.5.

Q: Let μ be the mean annual salary of Major League Baseball players in 2002. Assume that the standard…

A: From the provided information, Standard deviation (σ) = 99000 Sample size (n) = 50

Q: The time it takes a computer repair company to diagnose a computer follows a normal distribution…

A: Given data  X = time taken for computer repair company to diagnose a computer μ=50   σ=12…

Q: Using the formulas, calculate the (i) mean and (ii) standard deviation of X.

A: Let p be the probability of shot that scored points. Given that p = 61.3% = 0.613 Given that X= the…

Q: Assume that blood pressure readings are normally distributed with a mean of 123 and a population…

A: Solution: Let X be the blood pressure reading. From the given information, X follows normal…

Q: In 1999, the murder rates (per 100,000) for the 50 states and the District of Columbia had a mean of…

A:

Q: A final exam in Math150 has a mean of 73 with standard deviation 7.8. If 24 students are randomly…

A:

Q: A bank's loan officer rates applicants for credit. The rating are normally distributed with a mean…

A: From the given information,   Mean = 705 Standard deviation = 32 Sample size = 50

Q: Furnace repair bills are normally distributed with a mean of 263 dollars and a standard deviation of…

A: Here, µ = 263 and σ = 25.

Q: Suppose that Sacramento workers have a mean commute of 17 minutes and commute times are normally…

A:

Q: ssume that a randomly selected subject is given a bone density test. Bone density test scores are…

A:

Q: Assume that adults have IQ scores that are normally distributed with a mean of 95.9 and a standard…

A: Given: Mean μ = 95.9 Standard deviation σ = 15.6 Formula Used: Z-score: Z = X-μσ

Q: During a wisdom teeth removal procedure, 1, 2, 3, or 4 wisdom teeth are removed, depending on the…

A: Central limit theorem As per the Central limit theorem, the sampling distribution of sample mean…

Q: cores of 600 students are normally distributed with a mean of 76 and a standard deviation of 8. What…

A: μ=76, σ=8 The corresponding z-values needed to be computed are: The probability that a student…

Q: Assume that adults have IQ scores that are normally distributed with a mean of 104.7 and a standard…

A: It is given that the IQ score follows normal distribution with mean 104.7 and standard deviation…

Q: The average score of all golfers for a particular course has a mean of 64 and a standard deviation…

A:

Q: The average age of AMA employees is 34 years old. Assume the data is normally distributed. If the…

A: Given that, μ=34 yearsσ= 3 years The probability that the age of a randomly selected AMA employees…

Q: Assume that blood pressure readings are normally distributed with a mean of 115 and a standard…

A:

Q: Business Weekly conducted a survey of graduates from 30 top MBA programs. On the basis of the…

A: given data μ=183000σ=34000n=65here sample size n≥30as per CLT we can say that distribution is…

Q: Find the probability that a randomly selected adult has an IQ greater than 136.4

A: Let X denote the IQ scores of adults. Given that X follows N(mean = 101.3, SD = 20.2), then  Z = (X…

Q: The mean television viewing time for Americans is 20 hours per week. Suppose a sample of 30…

A:

Q: In a population of normally distributed data, the mean is 68 and the standard deviation is 12.75.…

A: given data normal distributionμ = 68σ = 12.75sample size (n) = 25P(70&lt;x¯&lt;75) = ?

Q: Suppose the mean cost across the country of a 30-day supply of a generic drug is $46.58, with…

A: Given,mean(μ)=$46.58standard deviation(σ)=$4.84sample size(n)=100

Q: A fair coin is flipped 100 times . Find the mean and standard deviation for the number of tails for…

A:

Q: opulation has an average of 125 and a standard deviation of 15.  Calculate the probability that in a…

A: given data, μ=125σ=15n=75p(x¯&gt;130)=?

Q: The average score of all pro golfers for a particular course has a mean of 70 and a standard…

A: It is given that, The average score of all pro golfers for a particular course has a mean of 70 and…

Q: A population of values has a mean of 38.5 and standard deviation of 80.4.  Find the probability…

A:

Q: Assume that adults have IQ scores that are normally distributed with a mean of 100.6 and a standard…

A:

Q: The average number of moves a person makes in his or her lifetime is 12. If the standard deviation…

A: Given,   Mean = 12 Standard deviation = 3.2 Sample size = 30

Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.