User Account

All Pages

What is the probability that a random sample

Assignment Help Basic Statistics
Reference no: EM132167132

Having trouble calculating this problem :According to a report in U.S. News from April 2013, the average price of gasoline at all U.S. gas stations was $3.00 (µ). The population standard deviation (σ) of gas prices is $1.75. Let X be a random variable denoting gas price at gas stations. We plan to take a random sample of 36 gas stations.

What is the probability that a random sample of 36 gas stations will provide an average gas price (Xbar) that is more than $3.50?

Reference no: EM132167132

Questions Cloud

Create list of resources that can help you in the classroom : Create a list of resources that can help you in the classroom differentiate instruction for children with different needs. These resources can include articles.
Standard normal random variable : Question:1- Given that z is a standard Normal random variable, find following probabilities:
Find the probability of drawing a 7 for the first card : Find the probability of drawing a 7 for the first card and a king for the second card. Round your answer to the nearest thousandth.
Write about aspects of jazz dance : Write about aspects of jazz dance you have learned about in relation to the Harlem Renaissance. Then explain 2 ways the Harlem Renaissance has influenced.
What is the probability that a random sample : What is the probability that a random sample of 36 gas stations will provide an average gas price (Xbar) that is more than $3.50?
How did you communicate your results : Describe an experience where you were required to seek and analyze information and then to communicate your interpretation of that information to others.
How you expect the program will help you achieve your goals : How you expect the program will help you achieve your goals, define as precisely as possible what you hope to do when you complete the degree.
Level of significance to think the fitness clubs : 40, 55, 50, 33, 38, 35, 30, and 45. Do you have any reason at the 10% level of significance to think the fitness clubs claim is incorrect?
Compare assessment and evaluation in detail : Give an example, from classroom or online applications other than this course, of assessment, then compare and contrast that with an example of evaluation.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Probability notation

What is a probability notation? What are the advantages and disadvantages of using a probability notation? How does probability notation aid in decision making?

  There is no proof the new policy is more effective

There is no proof the new policy is more effective, but we cannot finish the policy has no effect on smog. Interpretation of P-value for the given context.

  True proportion for confidence level

In a sample survey, 200 of 800 individuals enrolled in our managed-care organization indicated that they favored a proposal to extend office hours from 5:00 to 8:00 p.m. Construct a 95% confidence interval for the corresponding true proportion.

  Confidence interval estimate of population mean amount

At the 0.05 level of significance, is there evidence that the mean amount in the bottles is different from 2.0 liters? Compute the ¬p-value and interpret its meaning.

  What is the predicted tuition

More on public university tuition. Refer to the previous exercise. The tuition at Moneypit U was $8700 in 2000. What is the predicted tuition in 2008

  What is the expected profit sale to promise a profit

A contractor is considering a sale that promises a profit of $37,000 with a probability of 0.7 or a loss of (due to bad weather and such) of $18,000 with a probability of 0.3. What is the expected profit?

  In studying satisfaction patients have with an operation

In studying satisfaction patients have with an operation I have 2 random groups each given a different questionaire. I want to compare the responses of each group and see if the differen

  The average flight from point a to point b takes 100

the average flight from point a to point b takes 100 minutes with a standard deviation of 10 minutes.a. what is the

  Test-existence of linear relationship between two variables

An article in Worth discusses the immense success of one of the world's most prestigious cars, the Aston Martin Vanquish.

  Null and alternative hypothesis

Explain the difference between the null and alternative hypothesis. Which one can be proven in a statistical sense?

  Are hiring practices dependent on firm size

An article reports that smaller firms seem to be hiring more than large ones as the economy picks up its pace. The table below gives numbers of employees hired.

  Alternative procedural representation of pairs

4. Here is an alternative procedural representation of pairs. For this representation, verify that (car (cons x y)) yields x for any objects x and y.

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