Modern Business Statistics with Microsoft Excel (MindTap Course List)
Modern Business Statistics with Microsoft Excel (MindTap Course List)
5th Edition
ISBN: 9781285433301
Author: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams
Publisher: Cengage Learning
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Chapter 7.5, Problem 15E

A population has a mean of 200 and a standard deviation of 50. Suppose a sample of size 100 is selected and x ¯ is used to estimate μ.

  1. a. What is the probability that the sample mean will be within ±5 of the population mean?
  2. b. What is the probability that the sample mean will be within ±10 of the population mean?
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Chapter 7 Solutions

Modern Business Statistics with Microsoft Excel (MindTap Course List)

Ch. 7.3 - 15. The National Football League (NFL) polls fans...Ch. 7.3 - Prob. 12ECh. 7.3 - 17. One of the questions in the Pew Internet &...Ch. 7.3 - In this section we showed how a simple random...Ch. 7.5 - 19. A population has a mean of 200 and a standard...Ch. 7.5 - Prob. 16ECh. 7.5 - 21. Suppose a random sample of size 50 is selected...Ch. 7.5 - Refer to the EAI sampling problem. Suppose a...Ch. 7.5 - In the EAI sampling problem (see Figure 7.8), we...Ch. 7.5 - 24. Barron’s reported that the average number of...Ch. 7.5 - Prob. 21ECh. 7.5 - Federal Income Tax Returns. The Wall Street...Ch. 7.5 - 27. The Economic Policy Institute periodically...Ch. 7.5 - State Rainfalls. The state of California has a...Ch. 7.5 - The mean preparation fee H&R Block charged retail...Ch. 7.5 - 30. To estimate the mean age for a population of...Ch. 7.6 - 31. A sample of size 100 is selected from a...Ch. 7.6 - 32. A population proportion is .40. A sample of...Ch. 7.6 - Prob. 29ECh. 7.6 - 34. The population proportion is .30. What is the...Ch. 7.6 - Prob. 31ECh. 7.6 - 36. The Wall Street Journal reported that the age...Ch. 7.6 - Prob. 33ECh. 7.6 - Unnecessary Medical Care. According to Reader’s...Ch. 7.6 - Prob. 35ECh. 7.6 - Prob. 36ECh. 7.6 - 41. The Food Marketing Institute shows that 17% of...Ch. 7 - Prob. 38SECh. 7 - 43. The latest available data showed health...Ch. 7 - 44. Foot Locker uses sales per square foot as a...Ch. 7 - 45. Allegiant Airlines charges a mean base fare of...Ch. 7 - 46. After deducting grants based on need, the...Ch. 7 - Prob. 43SECh. 7 - Prob. 44SECh. 7 - Production Quality Control. A production process...Ch. 7 - Prob. 46SECh. 7 - Prob. 47SECh. 7 - Prob. 48SECh. 7 - Prob. 49SECh. 7 - 54. Lori Jeffrey is a successful sales...
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