Question: The previous exercise reported that for the population
The previous exercise reported that for the population, μ = +500 and σ = +160, and that the sample mean income for a random sample of 100 farm workers would have a standard deviation of 16.0. Sketch the sampling distribution of the sample mean and find the probability that the sample mean falls above $540.
Answer to relevant QuestionsA company that is selling condos in Florida plans to send out an advertisement for the condos to 4000 potential customers, in which they promise a free weekend at a resort on the Florida coast in exchange for agreeing to ...A large corporation employs 27,251 individuals. The average income in 2008 for all employees was $74,550 with a standard deviation of $19,872. You are interested in comparing the incomes of today’s employees with those of ...In college basketball, a shot made from beyond a designated arc radiating about 20 feet from the basket is worth three points, instead of the usual two points given for shots made inside that arc. Over his career, University ...According to recent General Social Surveys, in the United States the population distribution for adults of X = number of sex partners in the past 12 months has a mean of about 1.0 and a standard deviation of about 1.0. a. ...Let X = GPA for students in your school. a. What would the sampling distribution of the sample mean look like if you sampled every student in the school, so the sample size equals the population size? b. How does the ...
Post your question