Estimate the probability that in a random sample

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Reference no: EM132804230

Question 1:
Annual food consumption survey shows that number of instant food meals consumed per month by university students is normally distributed with a mean of 10 and a standard deviation of 3.

Estimate the probability that in a random sample of 25 students' more than 275 instant meals are consumed.

Question 2:

Relax mortgage has gathered following data to examine the relationship between housing starts and mortgage interest rate.

Interest rate	3.5	3	2.8	3.6	2.75	3.4	3.12	2.86	3.02	2.6	3.3
Housing starts	100	120	150	130	170	135	130	185	127	190	96

Estimate the no of housing starts if mortgage interest rate is 2.5%

Reference no: EM132804230

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