Probability that the sample mean will exceed two hundred

Assignment Help Basic Statistics
Reference no: EM13147293

A random sample of 100 items is selected from a population of size 350. What is the probability that the sample mean will exceed 200 if the population means is 195 and the population standard deviation equals 20? (Hint: Use the finite correction factor since the sample size is more than 5% of the population size).

Reference no: EM13147293

Questions Cloud

Calculate the arc price elasticity of demand for wheat : Calculate the arc price elasticity of demand for wheat in the two situations below: Can you explain/account for the difference, if any, in the two elasticities?
What must be true about the price elasticity of demand : What must be true about the price elasticity of demand if your proposal is to achieve its goal of raising revenue? Explain your answer.
Explain molar solution of nacl in water : In a 0.1 molar solution of NaCl in water, which one of the following will be closest to 0.1?" A) the mole fraction of NaCl B) The mass fraction of NaCl
Gross margin percentage problem : Litten Corporation's most recent income statement appears below: gross margin percentage. The gross margin percentage is closest to:
Probability that the sample mean will exceed two hundred : A random sample of 100 items is selected from a population of size 350. What is the probability that the sample mean will exceed 200 if the population means is 195 and the population standard deviation equals 20?
Calculate the arc cross-price elasticity of demand for jjt : Calculate the arc cross-price elasticity of demand for JJT's deluxe garment bag. B. JJT's deluxe garment bag sales recovered from 4,800 units to 6,000 units following a price reduction to $130 per unit.
What single amount on jule is equivalent : Each cash flow is equal to $128,000. The nominal interest rate is 12% compounded semi-annually. What single amount on Jule 1, 2015 is equivalent to this cash flow system?
What is bioinformatics : What is bioinformatics, and why is this discipline essential for studying genomes? Provide two examples of bioinformatics applications.
Auditors responsibility to detect errors and frauds : Which of the following statements best describes auditors' responsibility to detect errors and frauds?

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!

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