STATISTICAL TECHNIQUES IN BUS.+ECON.
STATISTICAL TECHNIQUES IN BUS.+ECON.
18th Edition
ISBN: 9781260239478
Author: Lind
Publisher: RENT MCG
Question
Book Icon
Chapter 8, Problem 16E

(a)

To determine

To describe: The sampling distribution of the sample means with n=40 and the necessary condition to apply the central limit theorem.

(b)

To determine

To find: The standard error of the sampling distribution of the sample means.

(c)

To determine

To find: The probability that a sample mean is less than 74.

(d)

To determine

To find: The probability that a sample mean is between 74 and 76.

(e)

To determine

To find: The probability that a sample mean is between 76 and 77.

(f)

To determine

To find: The probability that the sampling error x¯μ would be 1.50 or less.

Blurred answer
Knowledge Booster
Background pattern image
Recommended textbooks for you
Text book image
Glencoe Algebra 1, Student Edition, 9780079039897...
Algebra
ISBN:9780079039897
Author:Carter
Publisher:McGraw Hill
Text book image
Holt Mcdougal Larson Pre-algebra: Student Edition...
Algebra
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Text book image
PREALGEBRA
Algebra
ISBN:9781938168994
Author:OpenStax
Publisher:OpenStax
Text book image
Big Ideas Math A Bridge To Success Algebra 1: Stu...
Algebra
ISBN:9781680331141
Author:HOUGHTON MIFFLIN HARCOURT
Publisher:Houghton Mifflin Harcourt