User Account

All Pages

Finding the probability that the sample mean cost

Assignment Help Basic Statistics
Reference no: EM132409037

Solve the following probability by using the central limit Theorem.

The mean undergraduate cost for tuition, fees room and board for four-year institutions was $26,489 for a recent academic year. Suppose that the population standard deviation equals $3204 and that 36 four-year institutions are randomly selected. Finding the probability that the sample mean cost of these 36 schools is between $24000 and $26000: P(24000<sample mean<26000)

A. Give a rough graph, and shade the desired area

B. Convert sample mean value to Z value

C. Find the corresponding area for the Z value.

Reference no: EM132409037

Questions Cloud

Test the disney hypotheses : Adults: sample average preference = 4.1 and SD = 1.06. Test the Disney's hypotheses with a=.05.
Develop a menu driven program that will allow the end user : Develop a menu driven program that will allow the end user to select options for invoking methods from the UserInformation and BMI classes created previously.
Write a method that will add the first n even numbers : Write a method to work out the sum of the first n odd numbers. Write a method that prompts the user to print out the smallest of three given numbers.
Design and implement a class named modules : Design and implement a class named Modules that may contain several Module objects. Write a short application to test your Modules class.
Finding the probability that the sample mean cost : Finding the probability that the sample mean cost of these 36 schools is between $24000 and $26000: P(24000
Write a program to allow the user to enter their weight : Write a program that reads in a word and prints out each character of the word on a separate line. Hint: use a “for” loop and the charAt method.
Internship program for college students to participate : Northwestern Mutual Life Insurance has an internship program for college students to participate in training and become field agents in one academic term.
What is the sample standard deviation : A history professor took a sample of 10 final exam scores from a class of 30 students. The 10 scores are shown in the table below:
State the null and alternative hypotheses in words : What is the variable in this test? What type of variable is it (nominal, ordinal, or continuous)? State the null and alternative hypotheses in words

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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