Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

1. The heights of eighteen-year-old men are approximately normally distributed with a mean (µ) of 68 inches and a standard deviation (σ) of 3 inches. What is the probability that an eighteen-year-old man selected at random is taller than 70 inches?

2. Suppose that, instead of randomly selecting one 18-year-old male, you randomly select ten 18-year-old males. What is the probability that the average height for these 18-year-old males is more than 70 inches?

3. The average age for employees at an amusement park is 24 years old with a standard deviation of 2.5 years. Suppose random samples of 40 employees are selected. What would the distribution of average ages from samples of this size look like? Why?

4. What would the average be for all sample means from samples of this size?

5. What would the standard error be for all sample means from samples of this size?

6. What is the probability if you randomly selected 40 employees and averaged their ages together that the sample mean would be between 23 and 25 years?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M91621625
  • Price:- $30

Priced at Now at $30, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

Problem descriptionthe blockchain is a decentralized ledger

Problem Description: The blockchain is a decentralized ledger of all transactions across a peer-to-peer network. Using this technology, participants can confirm transactions without a need for a central clearing authorit ...

Question suppose you have applied to three graduate schools

Question: Suppose you have applied to three graduate schools: A, B, and C. The odds of getting into A are 20%, into B are 40%, and into C are 60%. What is the probability you get rejected at all three schools? Get accept ...

Do you have a credit card or use some other form of

Do you have a credit card or use some other form of consumer credit? Identify what you currently use, if any. If you do not use credit, discuss a type of credit that you might consider in the future. What advantages does ...

A recent study found that 64 of workers between the ages of

A recent study found that 64?% of workers between the ages of? 20-29 cash out their retirement accounts when they lose their jobs or move to a new employer. Complete parts a through e below based on a random sample of 14 ...

Suppose that a certain college class contains 55 students

Suppose that a certain college class contains 55 students. Of these, 31 are sophomores, 28 are history majors, and 6 are neither. A student is selected at random from the class. (a) What is the probability that the stude ...

Recent test scores on the law school admission test lsat

Recent test scores on the Law School Admission Test (LSAT) are normally distributed with a mean of 162.4 and a standard deviation of 15.9. What is the probability that the mean of 12 randomly selected scores is less than ...

Suppose a life insurance company sells a 230000 one-year

Suppose a life insurance company sells a $230,000 ?one-year term life insurance policy to a 20?-year-old female for ?$330. The probability that the female survives the year is 0.999642. Compute and interpret the expected ...

Diastolic blood pressures are approximately normally

Diastolic blood pressures are approximately normally distributed with a mean of 75 and a standard deviation of 10. If we consider samples of 20 patients, what is the 90th percentile of the mean diastolic blood pressure?

A project has an initial outlay of 4623 it has a single

A project has an initial outlay of $4,623. It has a single payoff at the end of year 3 of $8,869. What is the net present value (NPV) of the project if the company's cost of capital is 12.43 percent?

Suppose a sampling space has things a b and c twice draw

Suppose a sampling space has things a, b, and c. Twice draw from the sample space and replace. The possible sequence formed are {aa,ab,ac,ba,bb,bc,cacb,cc}. Now suppose there are Y different things. There are Y ways the ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As