MEAN: 1067.9 SD: 147.93 N= 75 OBSERVATION #40: 1059 c. Suppose you take a future sample of

MEAN: 1067.9

SD: 147.93

N= 75

OBSERVATION #40: 1059

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c. Suppose you take a future sample of 100 sizes/mileages from your population. Describe the sampling distribution for the x-bar value that you would find. (hint: there should be three parts to this answer) d. Use the sampling distribution to find the probability that the sample mean from that future sample would exceed the size/mileage for Observation # 40. To receive full credit, you should include pictures of the normal curve (labeled with both x-bar and z-values) with the pertinent probabilities shaded in the picture. x K 3. Use two of the techniques discussed in class to assess the normality of the Price distribution from your data set. You can choose the two techniques you use. Just make sure you show us enough information (including printouts) to check your work. 2 c. Suppose you take a future sample of 100 sizes/mileages from your population. Describe the sampling distribution for the x-bar value that you would find. (hint: there should be three parts to this answer) d. Use the sampling distribution to find the probability that the sample mean from that future sample would exceed the size/mileage for Observation # 40. To receive full credit, you should include pictures of the normal curve (labeled with both x-bar and z-values) with the pertinent probabilities shaded in the picture. x K 3. Use two of the techniques discussed in class to assess the normality of the Price distribution from your data set. You can choose the two techniques you use. Just make sure you show us enough information (including printouts) to check your work. 2

Answer rating: 100% (QA)

A The population of sizemileage in the data set is comprised of 75 observations from a sample of vehicles B The sampling distribution of the sample me... View the full answer