The average cost of a one-bedroom apartment in a town is $550 per month. What is the
Question:
The average cost of a one-bedroom apartment in a town is $550 per month. What is the probability of randomly selecting a sample of 50 one-bedroom apartments in this town and getting a sample mean of less than $530 if the population standard deviation is $100?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 54% (11 reviews)
550 n 50 s 100 P 530 ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Business Statistics for Contemporary Decision Making
ISBN: 978-0470910184
6th Edition
Authors: Ken Black
Question Posted:
Students also viewed these Statistics questions
-
The average cost of an IRS Form 1040 tax ling at Thetis Tax Service is $157.00. Assuming a normal distribution, if 70 percent of the lings cost less than $171.00, what is the standard deviation?
-
Elizabeth is moving from a one bedroom apartment in one city to a similar apartment in another city. She has been quoted a flat fee for the truck rental and has two estimates for wages of the movers...
-
In Exercise 8.20, we explored the average cost of lodging at three different hotel chains. We randomly select 50 billing statements from the computer databases of the Marriott, Westin, and Doubletree...
-
If you were the lead analyst for LGM, how would you determine the requirements? Be specific in your answer. List several questions you need answered. Artif. Intell. Med., 56 (3) pp. 137-156, Link:...
-
In a certain region, about 6% of a city's population moves to the surrounding suburbs each year, and about 4% of the suburban population moves into the city. In 2010, there were 10,000,000 residents...
-
Multiple Choice Question 1. Which of the following accounts would not appear in a closing entry? a. Salary Expense b. Interest Income c. Accumulated Depreciation d. Retained Earnings 2. Which account...
-
According to the National Education Association (NEA), teachers generally spend more than 40 hours each week working on instructional duties. The following data show the number of hours worked per...
-
The trial balance for Hanna Resort Limited on August 31 is as follows: Additional information: 1. The balance in Prepaid Rent includes payment of the final month's rent and rent for August 2014. 2....
-
Coherent light from a laser diode is emitted through a rectangular area 3.0m x 1.5m (horizontal-by-vertical). If the laser light has a wavelength of 680 nm, determine the angle between the first...
-
GiantSoft Corporation wants to acquire all the assets of the wireless handset division of Nukeme Corporation (a domestic corporation). These assets include: 1) intellectual property (brand names)...
-
In an effort to cut costs and improve profits, many U.S. companies have been turning to outsourcing. In fact, according to purchasing magazine, 54% of companies surveyed outsourced some part of their...
-
The Aluminum Association reports that the average American uses 56.8 pounds of aluminum in a year. A random sample of 51 households is monitored for one year to determine aluminum usage. If the...
-
What is the molar mass of ammonium dichromate, (NH 4 ) 2 Cr 2 O 7 ? (a) 238.09 g/mol (b) 252.10 g/mol (c) 260.18 g/mol (d) 372.18 g/mol (e) 386.19 g/mol.
-
The GIFT Debating Society is planning to arrange a national debating competition at campus. They are considering inviting people from all over Pakistan for this competition. Many people had applied...
-
What is the amount of overapplied or underapplied overhead Hudson, Inc. has estimated total factory overhead costs of $400,000 and 20,000 direct labor hours for the current fiscal year. If direct...
-
Five annual payments of $60,000 will be needed to generate a future worth F at an annual interest rate equal to 0.082, calculate the value of F.
-
Produce the following line of output, with the sales total stored in the variable salesTotal: Totals sales are $45,673.67 Your answer here: 2. Determine if the variable payRate is greater than 10....
-
Gavaskar of Bombay sent 100 TV sets to Kapil of Chandigarh on consignment basis. The cost price of each set is ~ 5,000. Gavaskar paid ~ 100 for cartage, ~ 1,500 for railway freight and ~ 400 for...
-
y= sin 1 x/2y ln y In Problems 2532, solve the separable differential equation.
-
Experiment: Tossing four coins Event: Getting three heads Identify the sample space of the probability experiment and determine the number of outcomes in the event. Draw a tree diagram when...
-
What are stock options? Why would a corporation offer stock options to its employees?
-
According to a survey conducted by Netpop Research, 65% of new car buyers use online search engines as part of their car-buying experience .Another study reported that 11% of new car buyers skip the...
-
According to the U.S. Bureau of Labor Statistics, 75% of the women 25 through 49 years of age participate in the labor force. Suppose 78% of the women in that age group are married. Suppose also that...
-
According to Nielsen Media Research, approximately 52% of all U.S. households have digital cable television. In addition, 84% of all U.S. households have multiple TV sets. Suppose 45% of all U.S....
-
According to Investopedia, the weekend effect is a phenomenon in financial markets in which stock returns on Mondays are often significantly lower than those of the immediately preceding Friday....
-
John and Jane Doe are both 40 years old with two children, ages 12 and 10. John is an assistant principal making $80,000 per year. He has been in the same school district for over 10 years, working...
-
What are the estimated share prices for all four companies in Q3-5? A table summarizing your findings is useful. The summary table here demonstrates our collective share prices for all four...
Study smarter with the SolutionInn App