Sample mean of students scores

Assignment Help Finance Basics
Reference no: EM131238570

Scores on the quantitative portion of the GRE are approximately normally distributed with mean u=150.8 and a standard deviation o=8.8.

1. A random sample of 5 students was selected to take the GRE. Their scores are: 160, 175, 163, 149, 153. What is the z-score corresponding to the sample mean of these students' scores?

2. What is the probability that five randomly selected students will have a mean score that is greated than the mean achieved by the students in the previous problem?

Reference no: EM131238570

Questions Cloud

Determine the area of the largest rectangle : Determine the area of the largest rectangle that can be inscribed in a circle of radius 5 cm. Formulate this as an optimization problem by writing down the objective function and the constraint. Solve the problem using the graphical method.
How many numbers must be selected from the set : How many numbers must be selected from the set {2, 5, 6, 8, 9, 11, 12, 15} to guarantee that at least one pair of these numbers add up to 17? Explain your answer.
Probability that the sample mean will be within : a. What is the probability that the sample mean will be within +/- 8 of the population mean (to 4 decimals)? b. What is the probability that the sample mean will be within +/- 13 of the population mean (to 4 decimals)?
Formulate the lpp and solve it using the graphical method : The company makes a profit of $5 on X and $7 on Y. Assume that whatever is produced gets sold in the market. Formulate the LPP and solve it using the graphical method.
Sample mean of students scores : A random sample of 5 students was selected to take the GRE. Their scores are: 160, 175, 163, 149, 153. What is the z-score corresponding to the sample mean of these students' scores?
Compare the accuracy of the derivative computation : Compare the accuracy of the derivative computation using the central difference formula and the complex variable formula against the analytical value of the derivative of the test function
Selected consumers recognize the brand name : What is the probability that all of the selected consumers recognize the brand name? The probability that all of the selected consumers recognize the brand name is .(Round to three decimal places as needed.)
What changes would you introduce in policing strategies : What process would you use to develop a new mission statement? Who would you include in the process? Is it wise to order officers to accept a mission statement? What changes would you introduce in policing strategies?
Generate the estimated ols line : a) Generate the estimated OLS line. b.) Interpret the estimated slope coefficient from your line in part a.

Reviews

Write a Review

Finance Basics Questions & Answers

  If the future value of an ordinary 11 year annuity is 5575

if the future value of an ordinary 11 year annuity is 5575 and interest rates are 5.5 what is the future value of the

  The jackson-timberlake wardrobe co just paid a dividend of

the jackson-timberlake wardrobe co. just paid a dividend of 1.34 per share on its stock. the dividends are expected to

  What are the elements of a strategic staffing diagnostic

What are the elements of a strategic staffing diagnostic model? That is, a structured approach to determining where the personnel needs of the organization exist?

  Compute the dividend for the current year

The stock is currently selling at $47.71, and the required rate of return is 17.0 percent. Compute the dividend for the current year (D0).

  What is shadow cost of equity

What is Shadow's cost of equity?

  Considered a hybrid organizational form

Which of the following is considered a hybrid organizational form?

  Discuss the arbitrage pricing theory

Discuss the Arbitrage Pricing Theory and the Fama-French factor and the "preciseness" of techniques used to calculate cost of capital. How does one decide on which technique is best to use?

  What is the true cost of building the new assembly line

What is the true cost of building the new assembly line after taking flotation costs into account?

  What should the exchange rate be four years from now

Currently, you can exchange $100 for €97.25. The inflation rate in Euroland is expected to be 3.8 percent as compared to 2.1 percent in the U.S. Assuming that relative purchasing power parity exists, what should the exchange rate be four years fro..

  What is the fair price for the bond today

Assume that Microsoft bonds have just left the printer and have a stated coupon of $100 (a coupon rate of 10%) and a yield-to-maturity of 15%. The bonds mature in three years and the next coupon is due in one year. What is the fair price for the b..

  Information about initial public offerings

Your work for this module is to apply the concept of the present value to your chosen SLP company. Assume your company is selling the bond that will pay you $1000 in one year from today.

  What is the firm disbursement float

What is the firm's disbursement float, collections float, and net float?

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