Estimating normal distribution with standard deviation

Assignment Help Basic Statistics
Reference no: EM1392317

According to the retail electronics chain, adults in 40 to 50 year old age group, the mean amount spent per year on electronics is $1998. Assume that the amount spent follows a normal distribution with a standard deviation of $550.

a. What percent of adults in this age group spend more than $2500 per year on electronics?

b. What percent spend between $2500 and $3000?

c. What percent spend less than $2000?

Reference no: EM1392317

Questions Cloud

Weekly salaries of teachers-normal distribution : The weekly salaries of teachers in one state are normally distributed with mean of $490 and standard deviation of $45. Determine the probability that a randomly selected teacher earns more than $525 per week?
Example of a normal distribution : What is an example of a normal distribution? please articulate what the example is (post the graph, picture of the graph, etc); discuss what the normal distribution means for this example, and how the graph is being used to articulate the problem.
Find the concentration of buffer : The recipe for 10x TBE buffer is 890 mM Tris, 890 mM boric acid, 20 mM EDTA. What is the concentration of 1x TBE buffer?
Constructing a scatter plot and determining correlation : Constructing a scatter plot and determining correlation. a. display the data in a scatter plot, b. calculate the correlation coefficient f, and c. make a conclusion about the type of correlation.
Estimating normal distribution with standard deviation : According to the retail electronics chain, adults in 40 to 50 year old age group, the mean amount spent per year on electronics is $1998.
Explain significant federal statute against organized crime : What do you believe is the most significant federal statute against organized crime and why? What new statute would you suggest for future and why?
Explain main functions of immune system : Explain some of the major characteristics and functions of your immune system including various types of immunity such as active, passive, innate, or acquired immunity.
Estimating normal distribution-confidence limits : The mean amount of a purchase at the Smith Hardware store is $23.50 with standard deviation of $5.00. The amounts purchased follow normal distribution.
Value of upper limit of confidence interval : Use this information to develop a 95% confidence interval to estimate the production variance for the hourly wages of production workers in U.S. What is the value of upper limit of this confidence interval?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Computing average daily rainfall in week

Compute average daily rainfall in the week and for weekends. Get the average of weekdays' rainfalls and average of weekend's rainfalls.

  Dissimilarity between the population means

Conduct a hypothesis test using the .04 level of significance to determine if there is a difference between the population means.

  Causes of delayed flight departures

Show draw a cause-and-effect diagram to organize the possible causes of delayed flight departures into the following maj categories.

  Recording the count of spots on the up face

Roll a die and record the count of spots on the up face: P(1) = 0, P(2) = 1/6, P(3) = 1/3, P(4) = 1/3, P(5) = 1/6, P(6) = 0.

  Which presents a modi solution for a transportation problem

According to table, which presents a MODI solution for a transportation problem, if that solution is used, which of the following is true.

  Findung range-standard deviation and variance

Find the range, standard deviation, and variance for the scores.

  Regression equation to estimate value of dependent variable

A. Determine the regression equation. B. Determine the estimated sales if 40 contacts are made.

  Multiple comparisons test-dunnetts test

Perform a posthoc test that is suitable if we assume that group 7 is a control group and that the other are different treatment groups and that we are only interested in finding significant treatments, not to compare them.

  Dependent variable in the population regression function

Explain the meaning of the conditional mean of the dependent variable in the population regression function. Illustrate using an example.

  Find the appropriate null hypothesis for these data

Assuming the nurses surveyed were a simple random sample from the population of all nurses in the United States, find the appropriate null hypothesis for these data

  Frequency polygon concept

A frequency polygon: does not depend on one variable. True-False

  Hypothesis testing of a single mean

Taking α to be 0.05, what is/are the critical values associated with testing your hypothesis?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd