Question: Assume that a population is normally distributed with a mean of 100 and a standard deviation of 15. Would it be unusual for the mean

Assume that a population is normally distributed with a mean of 100 and a standard deviation of 15. Would it be unusual for the mean of a sample of 3 to be 115 or more? Why or why not? A) What if the size for each sample was increased to 20? Would a sample mean of 115 or more be considered unusual? Why or why not? B) Why is the Central Limit Theorem used?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Kosar Manufacturing has collected the following information on one of its major products. Most efficient production rate = 2,000 + X units per period Production change costs = $20 per unit of change...

Assume that a population is normally distributed with a mean of 100 and a standard deviation of 15. Would it be unusual for the mean of a sample of 3 to be 115 or more? Why or why not? Justify your

Assume that a population is normally distributed with a mean of 100 and a standard deviation of 15. Would it be unusual for the mean of a sample of 3 to be 115 or more? Why or why not?

Assume that a population is normally distributed with a mean of 100 and a standard deviation of 15. What percent of the measurements would we expect to be 115 or more?Explain your solution.

Assume that a population is normally distributed with a mean of 100 and a standard deviation of 15. Would it be unusual for the mean of a sample of 3 to be 115 or more? Why or why not? What if the...

Assume that a population is normally distributed with a mean of 100 and a standard deviation of 15. What if the size for each sample was increased to 10? Would a sample mean of 115 or more be...

Assume that a population is normally distributed with a mean of 100 and a standard deviation of 15. Would it be unusual for the mean of a sample of 3 to be 115 or more? Why or why not? ( I really...

Assume that a population is normally distributed with a mean of 300 and a standard deviation of 45. Would it be unusual for the mean of a sample of 9 to be 345 or more? Why or why not?

Sampling Distributions Scores on the Gilliam Autism Rating Scale (GARS) are normally distributed with a mean of 100 and a standard deviation of 15. A sample of 64 GARS scores is randomly selected and...

STANDARD DEV 2: A population is normally distributed with a mean of 16.3 and a standard deviation of 1.1. A sample of size 22 is taken from the population. What is the the standard deviation of the...

Let (V, ) be a normed vector space. (a) Prove that, for all x, y V, |||*||- ||y|||||x-y||. (b) Let {x()}KEN be a convergent sequence in V with limit V. Prove that (Hint: Use part (a).) (c) Let...

The QUICKSORT algorithm of Section 7.1 contains two recursive calls to itself. After the call to PARTITION, the left subarray is recursively sorted and then the right subarray is recursively sorted....

11:35 AM Tue Jul 1 . . . 49% Student Por X | Mc mms.mckes X | 5 MGT-655 CI X | 5 PM vs PdM X | Course Herc X Question 2 - X + -> ezto.mheducation.com 6 Topic 8 Quiz i Saved Help Save & Exit Submit...

Shopping cart Billing -------------- THE LANGUAGE ISC# C# An e-commerce company is currently celebrating ten years inbusiness They are having a sale to honor their privileged members.those who have...

Accrual income versus cash flow for a period. Thomas Book Sales, Inc., supplies textbooks to college and university bookstores. The books are shipped with a proviso that they must be paid for within...

Statistics Assignments Using Excel Assignment #4: Measures of Variability Part I Below are ACT composite scores from 20 randomly selected college students. 15 33 20 25 21 24 17 16 20 25 26 21 21 17...

Now that operations for outdoor clinics and TEAM events are running smoothly, Suzle thinks of another area for business expansion. She notices that a few clinic participants wear multiuse (MU)...

The IQ and VIQ are tools insurance producers use to learn more about internal assumptions regarding factors that ultimately control policy performance. They have information in all of the following...

Write a program to wish happy birthday to a student. Firstly, take today month and day as an input and secondly take birthday as an input in the form of month and day. If the input day and month...

2. Find out if there are other reference points that can be used as reasonable alternatives.

1. Identify your reference point when making a decision based on an element of risk.

3. If there are reasonable alternatives, think about your decisions based on the different reference points and see if there are any contradictions in the decisions.