What is the standard deviation for the sampling distribution

Assignment Help Basic Statistics
Reference no: EM132852903

The distribution of salaries for major league baseball players is strongly skewed right with a mean of 3.3 million dollars and a standard deviation of 1.5 million dollars. A random sample of 40 players is selected

What is the standard deviation for the sampling distribution?

Reference no: EM132852903

Questions Cloud

Compute the firm price-earnings ratio : The company's EBITDA was $6.834 billion and its share price was $22.36. Compute the firm's price-earnings ratio and the price-EBITDA ratio
What is balance sheet presentation for each independent case : The maximum amount of the credit facility is 80% of Cali's accounts receivable. What is balance sheet presentation for each independent case
Find the probability that a randomly selected person : Find the probability that a randomly selected person at the hot springs stays longer then 101 minutes.
Describe the center of the set of data : Determine whether the mean, median, or mode would be the best choice to describe the center of the following set of data.
What is the standard deviation for the sampling distribution : The distribution of salaries for major league baseball players is strongly skewed right with a mean of 3.3 million dollars and a standard deviation
Present the loss division section of the income statement : Assuming that a net loss for the year 2021 is ($30,000), present the loss division section of the income statement for the year 2021
Find the indicated probability : Assume that x = 4; = 6P has a normal distribution with the specified mean and standard deviation. Find the indicated probability.
What is the overall repeat booking rate : Travelers with a reservation that WAS cancelled by an owner repeat book at a 20% rate. If owners cancel 8% of the time, what is the overall repeat booking rate?
What amount of gain on sale of share rights recognize : Kier Corporation purchased 30,000 shares of Lord Company's shares at P100 each. What amount of gain on sale of share rights should Kier Corporation recognize

Reviews

Write a Review

Basic Statistics Questions & Answers

  Find the probability that the sample mean would be less

if y has a normal distribution with a mean of 32 and a standard deviation of 12 and you take samples of size 9 the

  How many of the households should be surveyed

How many of the households should be surveyed? Explain any assumptions you used in obtaining your recommended sample size.

  Determining the another survivor group

After your merge with another survivor group, you notice that a social hierarchy is emerging in this new group. How would you advise your group? Is a hierarchy beneficial? Does this help or harm your group in this new world?

  Based on a two-tailed 0.05 what do you conclude

Based on a two-tailed 0.05 What do you conclude?

  Compute the mean waiting time for sample of customers

The manager of the Cottonwood Grille recently selected a random sample of 18 customers and kept track of how long the customers were required to wait.

  Suppose that incoming lots are 05 nonconforming what is the

suppose that incoming lots are 0.5 nonconforming. what is the probability of rejecting these lots under both

  A recent survey of 50 executives who were laid off from

A recent survey of 50 executives who were laid off from their previous position revealed it took a mean of 26 weeks for them to find another position.

  Do the data present sufficient evidence to indicate a bias

the earths temperature which affects seed germination crop survival in bad weather and many other aspects of

  Pairs of observations are said to be concordant

Subject that ranks higher on one variability also ranks higher on the other variable, the pairs of observations are said to be concordant?

  Aggregate price index for lindsay portfolio

a. Compute and interpret the unweighted aggregate price index for Lindsay's portfolio, using 2005 as the base year.

  Test positive were retested as suggested by the fda

Do you think it would be wise to use this saliva test to screen blood donated at a blood bank, as long as those who test positive were retested as suggested.

  Probability that in a sample of returns requesting a refund

Suppose the mean length of time between submission of a state tax return requesting a refund and the issuance of the refund is 47 days.

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