You are told that X N (X 8, 2x 36) Based on a sample of 25 observations, you found that 7 5 a What is the sampling distribution of b What is the probability of obtaining an 7 5 or less c From your answer in part (b) of this problem, could such a sample value have come from the preceding population ...

a N 8 3625 b Z 75 812 04167 Therefore P ...

You are told that X ~ N (X = 8, 2x = 36). Based on a sample

Question:

You are told that X ~ N (µX = 8, σ2x = 36). Based on a sample of 25 observations, you found that = 7.5.
a. What is the sampling of ?
b. What is the probability of obtaining an = 7.5 or less?
c. From your answer in part (b) of this problem, could such a sample value have come from the preceding population?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...