Find the probability that the average the recent price of a movie ticket of a random sample of 56 U.S. citizens is more than $8.25. Round to three decimal places. 0.033
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.
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![Find the probability that the average the recent price of a movie ticket of a random sample of 56 U.S.
citizens is more than $8.25. Round to three decimal places.
0.033](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F087a12de-cb82-47a9-9d73-20bf02b6dd1a%2Fe1c6dcf9-eacd-432e-a7fd-bdd43bae050c%2F1l8vaw.jpeg&w=3840&q=75)
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