Probability that average for sample is between value

Assignment Help Basic Statistics
Reference no: EM13132663

A supervisor has determined that the average salary of the employees in his department is $40,000 with a standard deviation of $15,000. A sample of 25 of the employees salaries was selected at random. Assuming the distribution of the salaries is normal, what is the probability that the average for this sample is between $36,000 and $42,000?

Reference no: EM13132663

Questions Cloud

Kms financial : I enjoyed talking with you on the phone last Wendnesday evening Heres a bit of background information we didnt cover in our phone conversation KMS Financial
Depict the abbreviated structural formula of the products : Draw the abbreviated structural formula of the products of the complete hydrolysis of lidocain
Determine the enthalpy change : Determine the enthalpy change for the oxidation of ethanol to acetic acid, CH3CH2OH() + O2(g) -> CH3COOH() + H2O() given the thermochemical equations below.
Prepare the closing entries for ogilvy : The trial balance of Ogilvy's Boutique at December 31 shows Inventory $21,000, Sales Revenue $156,000, Sales Returns and Allowances $4,000.
Probability that average for sample is between value : Assuming the distribution of the salaries is normal, what is the probability that the average for this sample is between $36,000 and $42,000?
Primary purpose of research writing is to.. : THE PRIMARY PURPOSE OF RESEARCH WRITING IS TO….THE SINGLE MOST IMPORTANT STEP IN THE RESEARCH PROCESS IS. . .,AN EXAMPLE OF A CREDIBLE SECONDARY SOURCE TO BE USED FOR RESEARCH IS. .
Ronald mcdonald nor myself : Are you tall as him?b) Neither Ronald McDonald nor myslef want to be on the team. c) Did he leave any word for John and she?
Explain methylated lidocaine : Methylated lidocaine, Lidocaine is thought to bind to receptors in its methylated form. Identify in writting the atoms or groups in the compound that could be involved in its binding to a receptor via- hydrogen bonding an ionic interaction
Amount of inventory in consolidation workpaper : Graceland writes the inventory down from $95,000 to its lower market value of $82,000 at the end of the year. Elvis owns 75 % of Graceland. Based on this information, what amount of inventory should be eliminated in the consolidation workpaper for..

Reviews

Write a Review

Basic Statistics Questions & Answers

  What sampling method was used to select freshman

Survey was mailed to a total of 400 students; 100 were randomly selected from each of the freshman, sophomore, junior and senior classes last semester. What sampling method was used?

  Standardized z-scores for comparisons

How can standardized z-scores be used to compare people across different contexts, such as the batting averages of two players -one who played in the 1970s and one who played in the 1990s?

  Find probability person getting married first time is young

Suppose ages for first marriages have normal distribution with standard deviation of four years. Determine the probability that the person getting married for first time is younger than 23 years of age?

  Confidence level to find the population proportion

A high school counselor is interested in the percentage of students who will be going to college. She randomly picks 60 students and finds that 53 will be going to college. Use a 95% confidence level to find the population proportion.

  Mcq of multivariate statistics

Regression model results can be erroneous if multicollinearity is an issue. What causes multicollinearity? If the intercept is statistically significant, what does this tell you?

  Drawing venn and tree diagrams for probability

Suppose we randomly select two students from a mathematics class and asked whether the student selected each time is a member of a math-club or not. Write all the outcomes for this experiment. Draw the Venn and Tree diagrams for this experiment.

  Confidence interval for the mean claim payment

Any state auto insurance company took a random sample of 370 insurance claims paid out during a 1-year period. the average claim was $750 with a standard deviation of $150. find .99 confidence interval for the mean claim payment.

  Hypothesis testing-sugar in cereals

Sugar in Cereal. Different cereals are randomly selected, and the sugar content (grams of sugar per gram of cereal) is obtained for each cereal

  Sampling distribution of sample means for samples

Precisely (that is, using specific numbers) what does the central limit theorem tell us about the sampling distribution of sample means for samples of this size from this population?

  Find percentage of persons who want to go to europe

Has there been a significant shift upward in the percentage of persons who want to go to Europe? Using the .05 significance level for this study.

  Determine mean number of news shows watched

Now they need your help to determine if the mean number of news shows watched in your neighborhood is similar to the national mean.

  Determining variance of the population

We are interested in testing to find out whether the variance of the population is vitally more than 0.003

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