A random sample of size 32 was taken from an exponentially distributed population with a population mean 25 and a population standard deviation 6. (Note: an exponential distribution is a right skewed distribution).
Determine each of the following:
a) What range best describes P(X<23.97) ?
1. Less than 0.5
2. Greater than 0.5
3. Cannot be determined
b) What range best describes P(Xˉ<23.97) ? ...*** Note Xˉ meaning the x with the - on top of it ***
1. Less than 0.5
2. Greater than 0.5
3. Cannot be determined
a)
| P(X<23.97)=1-exp(-23.97/25)= | 0.6166 | |
2. Greater than 0.5
b)
| for normal distribution z score =(X-μ)/σx |
| mean μ= | 25 |
| standard deviation σ= | 25 |
| sample size =n= | 32 |
| std error=σx̅=σ/√n= | 4.41942 |
| probability =P(X<23.97)=(Z<(23.97-25)/4.419)=P(Z<-0.23)=0.409 |
1. Less than 0.5
A random sample of size 32 was taken from an exponentially distributed population with a population...