Note:
1- Round any intermediate numbers to 3 decimal places.
2- Round your final answer to 3 decimal places. Enter your final answer with 3 decimal places.
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According to recent studies, cholesterol levels in healthy adults average about 215 mg/dL with a standard deviation of about 28 mg/dL and are roughly normally distributed. Suppose we collect a random sample of 39 healthy adults and measure their cholester
Suppose we collect a random sample of 39 healthy adults and measure their cholesterol level. What is the standard deviation of the distribution of sample average (sampe size 39)?Note:1- Round any intermediate numbers to 3 decimal places.2- Round your final answer to 3 decimal places. Enter your final answer with 3 decimal places.
Question 3 (1 point) Consider a population with mean u = 45.0 and standard deviation = 1.84. Calculate the standard deviation of the sampling distribution if the size of the sample n = 680. Note: 1- Round any intermediate numbers to 4 decimal places. 2- Round your final answer to 3 decimal places. Enter your final answer with 3 decimal places. Your Answer: Answer
Calcium levels in people are normally distributed with a mean of 9.3mg/dL and a standard deviation of 0.5 mg/dL. Individuals with calcium levels in the bottom 5% of the population are considered to have low calcium levels. Find the calcium level that is the borderline between low calcium levels and those not considered low. Carry your intermediate computations to at least four decimal places. Round your answer to one decimal place.
The cholesterol levels of adult males are approximately normally distributed with a mean of 224 mg/dl, and a variance, o', of 521. Some researchers claim that the variance of cholesterol levels of adult males is less than 521. A sample of 15 adult males' blood tests had a mean of 222.5 mg/dL and a variance of 192. Is there enough evidence to conclude, at the 0.05 level of significance, that the variance of cholesterol levels of adult males is less...
Question 3 (1 point) You interview a random sample of 597 customers of a restaurant and find that the mean rating they give the establishment is 7.8 with a standard deviation of 1.8. Calculate the standard error of the sample mean. Note: 1- Round your intermediate numbers to 4 decimal places. 2- Round you final answer to 3 decimal places. Enter your final answer to 3 decimal places. Your Answer: Answer
A simple random sample of 16 observations is derived from a normally distributed population with a known standard deviation of 2.5. [You may find it useful to reference the z table.] a. Is the condition that X− is normally distributed satisfied? Yes No b. Compute the margin of error with 95% confidence. (Round intermediate calculations to at least 4 decimal places. Round "z" value to 3 decimal places and final answer to 2 decimal places.) c. Compute the margin of...
Suppose the returns on an asset are normally distributed. The historical average annual return for the asset was 6.3 percent and the standard deviation was 16.3 percent. a. What is the probability that your return on this asset will be less than –3.7 percent in a given year? Use the NORMDIST function in Excel® to answer this question. (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) b. What range...
A simple random sample of 24 observations is derived from a normally distributed population with a known standard deviation of 7.8. [You may find it useful to reference the z table.] a. Is the condition that X−X− is normally distributed satisfied? Yes No b. Compute the margin of error with 99% confidence. (Round intermediate calculations to at least 4 decimal places. Round "z" value to 3 decimal places and final answer to 2 decimal places.) Margin error: ? c. Compute...
A simple random sample of 25 observations is derived from a normally distributed population with a known standard deviation of 8.2 (You may find it useful to reference the z table.) a. Is the condition that X is normally distributed satisfied? Yes No b. Compute the margin of error with 80% confidence. (Round intermediate calculations to at least 4 decimal places. Round "z" value to 3 decimal places and final answer to 2 decimal places.) Margin of error c. Compute...
Suppose the returns on an asset are normally distributed The historical average annual return for the asset was 76 percent and the standard deviation was 8.6 percent. What is the probability that your return on this asset will be less than 93 percent in a given year? Use the NORMDIST function in Excele to answer this question (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Probability What range of returns...