Find the probability that a single randomly selected policy has a mean value between 138233.3 and 148582.4 dollars. P(138233.3
Find the probability that a single randomly selected policy has a mean value between 138233.3 and 148582.4 dollars. P(138233.3
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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
Transcribed Image Text: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 145000 dollars.
Assume the standard deviation is 39000 dollars. Suppose you take a simple random sample of 96
graduates.
Find the probability that a single randomly selected policy has a mean value between 138233.3 and
148582.4 dollars.
P(138233.3 < X < 148582.4) =
(Enter your answers as numbers accurate to 4 decimal
places.)
Find the probability that a random sample of size n = 96 has a mean value between 138233.3 and
148582.4 dollars.
P(138233.3 < M < 148582.4) =
(Enter your answers as numbers accurate to 4 decimal
places.)
Submit Question
M
hp
%
3.
5
7
8.
9.
6
12
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