Mathematics, 03.04.2020 17:18 baegel

Suppose that the population mean for income is $50,000, while the population standard deviation is 25,000. If we select a random sample of 1,000 people, what is the probability that sample will have a mean that is greater than $52,000?

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Answer from: yedida

Probability that the sample will have a mean that is greater than $52,000 is 0.0057.

Step-by-step explanation:

We are given that the population mean for income is $50,000, while the population standard deviation is 25,000.

We select a random sample of 1,000 people.

Let $\bar X$ = sample mean

The z-score probability distribution for sample mean is given by;

Z = $\frac{\bar X-\mu}{\frac{\sigma}{\sqrt{n} } }$ ~ N(0,1)

where, $\mu$ = population mean = $50,000

$\sigma$ = population standard deviation = $25,000

n = sample of people = 1,000

The Z-score measures how many standard deviations the measure is away from the mean. After finding the Z-score, we look at the z-score table and find the p-value (area) associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X.

So, probability that the sample will have a mean that is greater than $52,000 is given by = P( $\bar X$ > $52,000)

P( $\bar X$ > $52,000) = P( $\frac{\bar X-\mu}{\frac{\sigma}{\sqrt{n} } }$ > $\frac{52,000-50,000}{\frac{25,000}{\sqrt{1,000} } }$ ) = P(Z > 2.53) = 1 - P(Z $\leq$ 2.53)

= 1 - 0.9943 = 0.0057

Now, in the z table the P(Z $\leq$ x) or P(Z < x) is given. So, the above probability is calculated by looking at the value of x = 2.53 in the z table which has an area of 0.9943.

Therefore, probability that the sample will have a mean that is greater than $52,000 is 0.0057.

Answer from: Quest

first anwser choice.

step-by-step explanation:

the greater/less or equal to symbol (> or < with the line at the bottom) is a closed/filled in circle.

when multiplying or dividing by a negative on both sides you have to flip the inequality sign. this rule only applies to multiplying or dividing by a negative number in inequality equations. this rule is really important.

-5c + 2 _< _27

subtract from both sides by 2

-5c _< _ 27

divide both sides by -5

c _< _ 5.4

flip the inequality sign

c _> _5.4

the only possible answer that would match the simplified inequality is the first answer choice

5c+2< 27 i really do not understand this.

Answer from: Quest

3-4

step-by-step explanation:

the answer is 3-4 because both 45 and 60 has a multiple of 15.

45/3=15

60/4=15

therefore the odds against selecting a red is 4-3

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