Concept explainers
Given a
a. less than 95?
b. between 95 and 97.5?
c. above 102.2?
d. There is a
a.
Determine the probability that
Answer to Problem 1PS
The probability is 0.0062.
Explanation of Solution
Given X follows a normal distribution with mean
The sample mean
The probability that the sample mean takes a value less than 95 needs to be calculated.
Then, z-value corresponding to 95 is,
This implies
From the standard normal cumulative table given in E.2, the area corresponding
Hence, the probability of the sample mean being less than 95 is 0.0062.
b.
Determine the probability that
Answer to Problem 1PS
The probability is 0.0994.
Explanation of Solution
The probability that the sample mean lies between 95 and 97.5 needs to be calculated.
Z-value corresponding to 97.5 is,
This implies that the required probability is
From the standard normal cumulative table given in E.2, the area corresponding to
Therefore,
Hence, the probability that
c.
Determine the probability that
Answer to Problem 1PS
The probability is 0.1357.
Explanation of Solution
The probability that the sample mean takes a value above 102.2 needs to be calculated.
Z-value corresponding to 102.2 is:
This implies that the required probability is
From the standard normal cumulative table given in E.2, the area corresponding to
This implies
Hence, the probability of the sample mean being greater than 102.2 is 0.1357.
d.
Determine the value of
Answer to Problem 1PS
The required value of
Explanation of Solution
Consider
Therefore,
From the standard normal cumulative table given in E.2, the value of Z corresponding to the area equal to 0.35 is
Therefore, the required
Hence, the value of
Want to see more full solutions like this?
Chapter 7 Solutions
Basic Business Statistics, Student Value Edition
Additional Math Textbook Solutions
Elementary & Intermediate Algebra
Precalculus: A Unit Circle Approach (3rd Edition)
Elementary Statistics ( 3rd International Edition ) Isbn:9781260092561
Mathematics for the Trades: A Guided Approach (11th Edition) (What's New in Trade Math)
Graphical Approach To College Algebra
Elementary Statistics: Picturing the World (7th Edition)
- AP1.1 You look at real estate ads for houses in Sarasota, Florida. Many houses range from $200,000 to $400,000 in price. The few houses on the water, however, have prices up to $15 million. Which of the following statements best describes the distribution of home prices in Sarasota? The distribution is most likely skewed to the left, and the mean is greater than the median. The distribution is most likely skewed to the left, and the mean is less than the median. The distribution is roughly symmetric with a few high outliers, and the mean is approximately equal to the median. The distribution is most likely skewed to the right, and the mean is greater than the median. The distribution is most likely skewed to the right, and the mean is less than the median.arrow_forwardDuring busy political seasons, many opinion polls are conducted. In apresidential race, how do you think the participants in polls are generally selected?Discuss any issues regarding simple random, stratified, systematic, cluster, andconvenience sampling in these polls. What about other types of polls, besides political?arrow_forwardPlease could you explain why 0.5 was added to each upper limpit of the intervals.Thanksarrow_forward
- 28. (a) Under what conditions do we say that two random variables X and Y are independent? (b) Demonstrate that if X and Y are independent, then it follows that E(XY) = E(X)E(Y); (e) Show by a counter example that the converse of (ii) is not necessarily true.arrow_forward1. Let X and Y be random variables and suppose that A = F. Prove that Z XI(A)+YI(A) is a random variable.arrow_forward30. (a) What is meant by the term "product measur"? ANDarrow_forward
- Glencoe Algebra 1, Student Edition, 9780079039897...AlgebraISBN:9780079039897Author:CarterPublisher:McGraw Hill