The distribution of the amount of money in savings accounts

Assignment Help Basic Statistics
Reference no: EM13610369

The distribution of the amount of money in savings accounts for University of Alabama students has an average of 950 dollars and a standard deviation of 1,000 dollars. Suppose that we take a random sample of 4 University of Alabama students and ask them how much they have in their savings account. The sampling distribution of the sample mean amount of money in a savings account is

A) approximately Normal, with a mean of 950 and a standard error of 1000

B) approximately Normal, with a mean of 950 and a standard error of 500

C) approximately Normal with an unknown mean and standard error

D) not approximately normal

Reference no: EM13610369

Questions Cloud

Suppose two random variables x and y are independent with x : suppose two random variables x and y are independent with x n24 and y n03. w x-y2a. find the distribution of w.b.
At the apogee point a its speed is 17184 mihr if nothing : just after launch from the earth the space-shuttle orbiter is in the 28 x 168-mi orbit shown. at the apogee point a its
After walking across a dry carpet theres a potential : after walking across a dry carpet theres a potential difference of 5500 v between your hand and the doorknob. as you
Four identical metallic objects carry the following : four identical metallic objects carry the following charges 1.0 microc 5.0 microc -6.6 microc and -8.0 microc. the
The distribution of the amount of money in savings accounts : the distribution of the amount of money in savings accounts for university of alabama students has an average of 950
Air is used in a carnot cycle as a working substance : air is used in a carnot cycle as a working substance . determine the efficiency of the cycle if as a result of an
We will take a random sample of 50 american adults and ask : suppose that 75 of adult americans agree that while downloading music from the internet and then selling it is piracy
Please find the standard deviation and show your : the top nine scores on a test are as follows24 28 30 37 44 49 49 53 63please find the standard deviation and show your
After walking across a dry carpet theres a potential : after walking across a dry carpet theres a potential difference of 5500 v between your hand and the doorknob. as you

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