A sample of size 68 will be drawn from a population with mean 92 and standard deviation

Question:

A sample of size 68 will be drawn from a population with mean 92 and standard deviation 24.

a. Find the probability that x̄ will be greater than 90.

b. Find the 90th percentile of x̄.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Elementary Statistics

ISBN: 9781259969454

3rd Edition

Authors: William Navidi, Barry Monk

See More Books

Question Posted: May 06, 2024 12:01 PM

See More Questions

You manage a portfolio of equity and fixed-income securities worth $80,000,000. You've identified four sources of risk for your portfolio equity, interest rate, currency, and oil price risk. To...
A sample of size 15 will be drawn from a population with mean 125 and standard deviation 28. a. Is it appropriate to use the normal distribution to find probabilities for x? b. If appropriate find...
A sample of size 20 will be drawn from a population with mean 6 and standard deviation 3. a. Is it appropriate to use the normal distribution to find probabilities for x? b. If appropriate find the...
The maker of a $10,000, 8%, 90-day note receivable failed to pay the note on the due date of June 30. What accounts should be debited and credited by the payee to record the dishonored note...
Suppose that a continuous function is periodic with period 1 and is linear between 0 and 025 and linear between - 0.75 and 0. In addition, it has the value 1 at 0 and 2 at 0.25. Sketch the function...
Olivias Dress Shop had net retail sales of $125,000 during the current year. The following additional information was obtained from the companys accounting records: 1. Using the retail method,...
Ellis Company, a successful efforts company, has 100% of the working interest in a field in Texas. The field constitutes a cost center and is also an asset group for purposes of testing for...
Refer to the information reported about Golden Corporation in Problem 16- 4A. In Problem 16- 4A, Golden Corp., a merchandiser, recently completed its 2013 operations. For the year, (1) all sales are...
Current Attempt in Progress Nash Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were $1,812,000 on March 1, $1,212,000 on June 1,...
Can you explain how to solve the portfolio variance of Portfolio Healthcare Fund/Inverse ETF and Portfolio Healthcare Fund/Biotech Fund? I have been able to solve everything prior to this, including...
A sample of size 284 will be drawn from a population with mean 45 and standard deviation 7. a. Find the probability that x will be greater than 46. b. Find the 75th percentile of x.
A sample of size 126 will be drawn from a population with mean 26 and standard deviation 3. a. Find the probability that x will be between 25 and 27. b. Find the 55th percentile of x.
Look at the histogram in Figure 210(a), which shows mileage, in miles per gallon (mpg), for a random selection of passenger cars (Reference: Consumer Reports). (a) Is the shape of the histogram...
Let s say you are buying a home, putting 1 5 % down and financing the rest with a 3 0 - year mortgage. The price of the home you are buying is $ 1 , 0 0 0 , 0 0 0 and the APR is 6 . 8 5 % . 1 ....
Determine the stability of the sytem whose zero-pole plot is shown Stable Marginally stable Unstable 7 where all poles are of multiplicity 1.
The cost of flood damage from significant storms varies as a function of the severity of the storm. Estimate the expected flood damage due to the next significant storm. Flood Flow, Million Acre-Ft...
Some companies refrain from using financial derivatives to manage their foreign exchange exposures. They consider derivatives such as forwards, futures, and options as speculative. They also believe...
Cash flows from two investment opportunities are given below. Year CFA CFB 0 -$1,000 -$1,000 1 +$100+$800 2 +$200+$300 3 +$400+$300 4 +$700+$200 5 +$800+$200 If the cost of capital is 10%, what is...
A river with a water temperature Tl = 20oC is to be used as the low temperature reservoir of a large power plant, with a steam temperature of Th = 500oC. If ecological considerations limit the amount...
Define cultural intelligence. Cite the books or journal articles you found in Capella's library. Explain why cultural intelligence is important for HR practitioners and other organizational managers.
35. (4 points) Using the following information find the unknown amounts (i.e. solve for the "?"). Assume each set of information is an independent case. a. Direct Materials Beginning balance Ending...
Match the following CSBs Question 4 options: report the amount shown on the T5 slips. until you cash it in. but you must still report this income until the bond matures or you cash it in. 1. Interest...
During 2019 (its first year of operations) and 2020, Fieri Foods used the FIFO inventory costing method for both financial reporting and tax purposes. At the beginning of 2021, Fieri decided to...

A sample of size 68 will be drawn from a population with mean 92 and standard deviation

Question:

Step by Step Answer:

Elementary Statistics

Students also viewed these Business questions