Safari File Edit View History Bookmarks Window Help < > B Assignment 08 - PNW Summer 2024 BIA 22500-001 Fund Managerial Stat DIS Assignment 08 ezto.mheducation.com Saved 4 2 points Majesty Video Production Incorporated wants the mean length of its advertisements to be 30 seconds. Assume the distribution of ad length follows the normal distribution with a population standard deviation of 2 seconds. Suppose we select a sample of 16 ads produced by Majesty. Required: a. What can we say about the shape of the distribution of the sample mean time? eBook Print References Mc Graw Hill The distribution will be normal b. What is the standard error of the mean time? Note: Round your answer to 1 decimal place. Standard error 0.5 c. What percent of the sample means will be greater than 31.25 seconds? Note: Round your z-value and final answer to 2 decimal places. Percent of sample means 0.62% d. What percent of the sample means will be greater than 28.25 seconds? Note: Round your z-value and final answer to 2 decimal places. Percent of sample means 99.98 % < Prev 4 of 5 Next > Θ M Question 4 - Assignment 08 - Connect

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What is the probability that the sampling error would be less than or more than 1.5 seconds

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B Assignment 08 - PNW Summer 2024 BIA 22500-001 Fund Managerial Stat DIS
Assignment 08
ezto.mheducation.com
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Majesty Video Production Incorporated wants the mean length of its advertisements to be 30 seconds. Assume the distribution of ad
length follows the normal distribution with a population standard deviation of 2 seconds. Suppose we select a sample of 16 ads
produced by Majesty.
Required:
a. What can we say about the shape of the distribution of the sample mean time?
eBook
Print
References
Mc
Graw
Hill
The distribution will be
normal
b. What is the standard error of the mean time?
Note: Round your answer to 1 decimal place.
Standard error
0.5
c. What percent of the sample means will be greater than 31.25 seconds?
Note: Round your z-value and final answer to 2 decimal places.
Percent of sample means
0.62%
d. What percent of the sample means will be greater than 28.25 seconds?
Note: Round your z-value and final answer to 2 decimal places.
Percent of sample means
99.98
%
< Prev
4 of 5
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Θ
M Question 4 - Assignment 08 - Connect
Transcribed Image Text:Safari File Edit View History Bookmarks Window Help < > B Assignment 08 - PNW Summer 2024 BIA 22500-001 Fund Managerial Stat DIS Assignment 08 ezto.mheducation.com Saved 4 2 points Majesty Video Production Incorporated wants the mean length of its advertisements to be 30 seconds. Assume the distribution of ad length follows the normal distribution with a population standard deviation of 2 seconds. Suppose we select a sample of 16 ads produced by Majesty. Required: a. What can we say about the shape of the distribution of the sample mean time? eBook Print References Mc Graw Hill The distribution will be normal b. What is the standard error of the mean time? Note: Round your answer to 1 decimal place. Standard error 0.5 c. What percent of the sample means will be greater than 31.25 seconds? Note: Round your z-value and final answer to 2 decimal places. Percent of sample means 0.62% d. What percent of the sample means will be greater than 28.25 seconds? Note: Round your z-value and final answer to 2 decimal places. Percent of sample means 99.98 % < Prev 4 of 5 Next > Θ M Question 4 - Assignment 08 - Connect
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