Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

According to the Current Results website, the state of California has a mean annual rainfall of 21 inches, whereas the state of New York has a mean annual rainfall of 55 inches. Assume that the standard deviation for both states is 4 inches. A sample of 30 years of rainfall for California and a sample 45 of years of rainfall for New York has been taken. Use z-table.

a. Show the probability distribution of the sample mean annual rainfall for California. a. Show the probability distribution of the sample mean annual rainfall for California. This is a graph of a normal distribution with and (to 4 decimals).

b. What is the probability that the sample mean is within inch of the population mean for California? (to 4 decimals)

c. What is the probability that the sample mean is within inch of the population mean for New York? (to 4 decimals)

d. In which case, part (b) or part (c), is the probability of obtaining a sample mean within inch of the population mean greater? Why? The probability of being within inch is for New York in part (c) because the sample size is.

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M93137797
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

If an urn1 contains 6purle balls and 4red balls and urn2

If an Urn1 contains 6purle balls and 4red balls. And Urn2 contains 4purple balls and 6 red balls. Urn3 contains 4purple balls and 5red balls. If one of the urns is selected at random and a ball is drawn, what is the prob ...

A research a research institute conduct the clinical trials

A research a research institute conduct the clinical trials of a method designed to increase the probability of conceiving a boy. Amount 170 to babies born to parents using the method. 146 for boys. Identity identify the ...

Plastic sheets made by a machine are periodically monitored

Plastic sheets made by a machine are periodically monitored for fluctuations in thickness. If the true standard deviation in thickness exceeds 2.0 millimeters, there is cause for concern about product quality. Past exper ...

A bottle of water is supposed to have 12 ounces the

A bottle of water is supposed to have 12 ounces. The bottling company has determined that 98% of bottles have the correct amount. Which of the following describes a binomial experiment that would determine the probabilit ...

If i had to collect and assess the quality and

If I had to collect and assess the quality and appropriateness of data held by a large, multi-national organization. What steps should I take? How would I address network, security, and ethical considerations when decidi ...

Jane is an analyst and their company wants to get a return

Jane is an analyst and their company wants to get a return of atleast 7.3% compounded Semi-Annually on their investment. Jane will only have use of the money for 111 Months before the company needs it for another project ...

In a pre-election poll a candidate for district attorney

In a pre-election poll, a candidate for district attorney receives 304 of 600 votes. Assuming that the people polled represent a random sample of the voting population, test the claim that a majority of voters support th ...

Ganad and equity risk premiumsnbspmarianbspgonzalez ganados

Ganad and Equity Risk Premiums.  Maria? Gonzalez, Ganado's Chief Financial? Officer, estimates the? risk-free rate to be 3.70 %, the? company's credit risk premium is 4.00%, the domestic beta is estimated at 0.93?, the i ...

The standard deviation of the market-index portfolio is 45

The standard deviation of the market-index portfolio is 45%. Stock A has a beta of 1.20 and a residual standard deviation of 55%. a-1. Calculate the total variance of stock A if its beta is increased by 0.20?  (Do not ro ...

A travel weekly international transport association survey

A Travel Weekly International Transport Association survey asked business travelers about the purpose for their most recent business trip. 19% responded that it was for an internal company visit. Suppose 950 business tra ...

  • 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