Let x represent the dollar amount spent on supermarket impulse buying in a 10-minute (unplanned) shopping interval. Based on a certain article, the mean of the x distribution is about $23 and the estimated standard deviation is about $9. (a) Consider a random sample of n = 40 customers, each of whom has 10 minutes of unplanned shopping time in a supermarket. From the central limit theorem, what can you say about the probability distribution of x, the average amount spent by these customers due to impulse buying? What are the mean and standard deviation of the x distribution? a)The sampling distribution of x is not normal. b)The sampling distribution of x is approximately normal with mean μx = 23 and standard error σx = $9. c)The sampling distribution of x is approximately normal with mean μx = 23 and standard error σx = $1.42. d)The sampling distribution of x is approximately normal with mean μx = 23 and standard error σx = $0.23. C is the correct answer Is it necessary to make any assumption about the x distribution? Explain your answer. a)It is not necessary to make any assumption about the x distribution because n is large. b)It is not necessary to make any assumption about the x distribution because μ is large. c) It is necessary to assume that x has a large distribution. d)It is necessary to assume that x has an approximately normal distribution. The correct ancswer is a ----------------------------------------------------------- (b) What is the probability that x is between $21 and $25? (Round your answer to four decimal places.) _____________? (c) Let us assume that x has a distribution that is approximately normal. What is the probability that x is between $21 and $25? (Round your answer to four decimal places.) _____________? Answers needed for b and c
Let x represent the dollar amount spent on supermarket impulse buying in a 10-minute (unplanned) shopping interval. Based on a certain article, the mean of the x distribution is about $23 and the estimated standard deviation is about $9. (a) Consider a random sample of n = 40 customers, each of whom has 10 minutes of unplanned shopping time in a supermarket. From the central limit theorem, what can you say about the probability distribution of x, the average amount spent by these customers due to impulse buying? What are the mean and standard deviation of the x distribution? a)The sampling distribution of x is not normal. b)The sampling distribution of x is approximately normal with mean μx = 23 and standard error σx = $9. c)The sampling distribution of x is approximately normal with mean μx = 23 and standard error σx = $1.42. d)The sampling distribution of x is approximately normal with mean μx = 23 and standard error σx = $0.23. C is the correct answer Is it necessary to make any assumption about the x distribution? Explain your answer. a)It is not necessary to make any assumption about the x distribution because n is large. b)It is not necessary to make any assumption about the x distribution because μ is large. c) It is necessary to assume that x has a large distribution. d)It is necessary to assume that x has an approximately normal distribution. The correct ancswer is a ----------------------------------------------------------- (b) What is the probability that x is between $21 and $25? (Round your answer to four decimal places.) _____________? (c) Let us assume that x has a distribution that is approximately normal. What is the probability that x is between $21 and $25? (Round your answer to four decimal places.) _____________? Answers needed for b and c
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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Question
Let x represent the dollar amount spent on supermarket impulse buying in a 10-minute (unplanned) shopping interval. Based on a certain article, the mean of the x distribution is about $23 and the estimated standard deviation is about $9.
(a) Consider a random sample of n = 40 customers, each of whom has 10 minutes of unplanned shopping time in a supermarket. From the central limit theorem, what can you say about the probability distribution of x, the average amount spent by these customers due to impulse buying? What are the mean and standard deviation of the x distribution?
a)The sampling distribution of x is not normal.
b)The sampling distribution of x is approximately normal with mean μx = 23 and standard error σx = $9.
c)The sampling distribution of x is approximately normal with mean μx = 23 and standard error σx = $1.42.
d)The sampling distribution of x is approximately normal with mean μx = 23 and standard error σx = $0.23.
C is the correct answer
Is it necessary to make any assumption about the x distribution? Explain your answer.
a)It is not necessary to make any assumption about the x distribution because n is large.
b)It is not necessary to make any assumption about the x distribution because μ is large.
c) It is necessary to assume that x has a large distribution.
d)It is necessary to assume that x has an approximately normal distribution .
The correct ancswer is a
(b) What is the probability that x is between $21 and $25? (Round your answer to four decimal places.) _____________?
(c) Let us assume that x has a distribution that is approximately normal. What is the probability that x is between $21 and $25? (Round your answer to four decimal places.) _____________?
Answers needed for b and c
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