A population of 1000 students spends an average of 10.50 a day on dinner. The standard deviation of the expenditure is 3.00. A simple random sample of 64 students is taken.
a. What is the probability that these 64 students will spend a combined total between 703.59 and 728.45? Show all work.
b. What is the probability that these 64 students will spend a combined total of more than 715.21? Show all work
a) P(10.994 <
<
11.382)
= P((10.994 -
)/(
)
< (
-
)/(
)
< (11.382 -
)/(
))
= P((10.994 - 10.5)/(3/
)
< Z < (11.382 - 10.5)/(3/
))
= P(1.32 < Z < 2.35)
= P(Z < 2.35) - P(Z < 1.32)
= 0.9906 - 0.9066
= 0.0840
b) P(
>
11.175)
= P((
-
)/(
)
> (11.175 -
)/(
))
= P(Z > 1.8)
= 1 - P(Z < 1.8)
= 1 - 0.9641
= 0.0359
A population of 1000 students spends an average of 10.50 a day on dinner. The standard...
A population of 1,000 students spends an average of $10.50 a day on dinner. The standard deviation of the expenditure is $3. A simple random sample of 64 students is taken. a. What are the expected value, standard deviation, and shape of the sampling distribution of the sample mean? Answer: 10.5 0.363 normal b. What is the probability that these 64 students will spend a combined total between $10.99 and $11.38? c. What is the probability that these 64 students...
Sampling Distribution 1. A population of 1,000 students spends an average of $10.50 a day on dinner. The standard deviation of the expenditure is $3. A simple random sample of 64 students is taken. A. What is the expected value, standard deviation, and shape of the sampling distribution of the sample mean? B. What is the probability that these 64 students will spend a combined total of more than $715.21? C. What is the probability that these 64 students will...
2. (14 pts) A population of 1,000 students spends an average of $10.50 a day on dinner. The standard deviation of the expenditure is $3. A simple random sample of 64 students is taken. a. What are the expected value, standard deviation, and shape of the sampling distribution of the sample mean? Explain the reason. Which theorem ensures the shape of the sampling distribution? b. What is the probability that these 64 students will spend a combined total of more...
Do i use the formula for finite or infinite? It gives
me a population size so i was thinking finite, but everyone seems
to going with the infinite formula to find the Standard
deviation?
6.) A population of 1,000 students spends an average of $10.50 a day on dinner. The standard deviation of the expenditure is S3. A simple random sample of 64 students is taken. What are the expected value, standard deviation, and shape of the sampling distribution of...
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