6.3.# 4 Please round to 4th decimal place.Please underline awnser. Per Capita Income of Delaware Residents In a recent year, Delaware had the highest per capita annual income with $51,803.If o $4850, answer the following questions. Assume that the sample is taken from a large population and the correction factorcan be ignored. Use a TI-83 Plus/TI 84 Plus calculator and round the answer to at least four decimal places.INITUOCo#4What isthe probability146.thatrandomMenewaBouwesample of 34 state residents had a mean income less than $49,490.

Answered: Per Capita Income of Delaware Residents…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

See similar textbooks

Related questions

Question

6.3. # 4 Please round to 4th decimal place. Please underline awnser.

Per Capita Income of Delaware Residents In a recent year, Delaware had the highest per capita annual income with $51,803.
If o $4850, answer the following questions. Assume that the sample is taken from a large population and the correction factor
can be ignored. Use a TI-83 Plus/TI 84 Plus calculator and round the answer to at least four decimal places.
INITUO
Co
#4
What is
the probability
146.
that
random
Menewa
Bouwe
sample of 34 state residents had a mean income less than $49,490.

Expert Solution

Step 1

according to central limit theorem if sample size is large enough i.e. greater than 30 then sampling distribution of mean is approximately normally distributed with mean equal to population mean μ and standard error σ /√n.

So first of all we will calculate corresponding z score and then we shall find required probability as follows with the help of normal distribution table.

P(X<x) = p(Z<z)