Question: For the first part, express your answer in a number between 0 and 1 with four digits of precision (i.e. 25.01% is 0.2501). Suppose we
For the first part, express your answer in a number between 0 and 1 with four digits of precision (i.e. 25.01% is 0.2501).
Suppose we obtain a sample of 49 observations from a normally distributed population with a population mean of 45 and a standard deviation of 1.96. What is the probability that the sample average of X is less than 44.94?
What is the standard error?
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