CNNBC recently reported that the mean annual cost of auto insurance is 994 dollars. Assume the standarddeviation is 185 dollars. You will use a simple random sample of 126 auto insurance policies.Find the probability that a single randomly selected policy has a mean value between 956.1 and 979.2dollars.P(956.1 < X < 979.2) =Find the probability that a random sample of size n = 126 has a mean value between 956.1 and 979.2dollars.P(956.1 < M < 979.2) =Enter your answers as numbers accurate to 4 decimal places.

Answered: Image /qna-images/answer/57cf337f-1d8a-44ef-8151-db0a73635fbb.jpg

Answered: CNNBC recently reported that the mean…

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

The playing life of a Sunshine radio has a Normal distribution with a mean of 600 hours and a standard deviation of 100 hours. What percent of the time would you expect a radio to last at least 800 hours?
According to a marketing website, adults in a certain country average 51 minutes per day on mobile devices this year. Assume that minutes per day on mobile devices follow the normal distribution and has a standard deviation of 7 minutes. What amount of time spent today on mobile devices by an adult represents the 80th percentile?
The playing life of a Sunshine radio has a Normal distribution with a mean of 600 hours and a standard deviation of 100 hours. What percent of the time would you expect a radio to last between 400 and 700 hours?
Discribe the scores in a sample that has a standard deviation of zero.
A random sample of 47 cars in the drive-thru of a popular fast food restaurant revealed an average bill of $17.51 per car. The population standard deviation is $6.05. Estimate the mean bill for all cars from the drive thru with 91% confidence.
The Alpha company takes a survey of the age for all employees. The average age is 35 with a standard deviation of 3.2 years. The results for a normal distribution curve. If the company has 985 workers, how many are over 44 years old?
A manufacturer of phone batteries determines that the average length of talk time for one of its batteries is 470 minutes. Suppose that the standard deviation is known to be 32 minutes and that the data are approximately bell-shaped. Estimate the percentage of batteries whose talk time is between 406 minutes and 534 minutes. Estimate the percentage of batteries whose talk time is less than 438 minutes. Estimate the percentage of batteries whose talk time is more than 534 minutes. answer in excel
The Alpha company takes a survey of the age for all employees. The average age is 35 with a standard deviation of 3.2 years. The results for a normal distribution curve. If the company has 985 workers, how many are over 44 years old?
Fifty students took a Mathematics exam. Assume that their scores formed a normal distribution with a mean of 80 and standard deviation of 4. The Professor decided to adjust/curve the scores by creating z-scores. The top 2.5% would receive an A. What is the lowest score that would become an A?
A random sample of 18 light bulbs is drawn from a normally distributed population. The population has mean and standard deviation are 517 hours and 39 hours, respectively. What is the mean of the sampling distribution the sample mean?
According to the Department of Education the mean number of hours college students spend studying each week follows a normal distribution with a mean of 28 hours and standard deviation of 6 hours. What ‘hours of study’ represents the 95th percentile? What ‘hours of study’ represents the 15th percentile?
An economist would like to estimate the mean amount of money that a family spends to within $82. If the amount spent by a family is considered to be normally distributed with a standard deviation of $490, what sample size would be necessary to be 96% confident?

SEE MORE QUESTIONS

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