Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Statistics and Probability Expert

Question 1. The capacity of an elevator is 12 people or 1884 pounds. The capacity will be exceeded if 12 people have weights with a mean greater than 1884 divided by 12 equals 157 pounds.1884/12=157 pounds.Suppose the people have weights that are normally distributed with a mean of 167 lb and a standard deviation of 26 lb.

a) Find the probability that if a person is randomly selected, his weight will be greater than 157 pounds. The probability is approximately ______ (Round to four decimal places as needed.)
b) b. Find the probability that 1212 randomly selected people will have a mean that is greater than 157 pounds. The probability is approximately ______ (Round to four decimal places as needed.)
c) Does the elevator appear to have the correct weight limit? Why or why not?

Question 2. Find the critical value zα/2 that corresponds to the given confidence level.
zα/2 = _____ (Round to four decimal places as needed.)

Question 3. An IQ test is designed so that the mean is 100 and the standard deviation is 10 for the population of normal adults. Find the sample size necessary to estimate the mean IQ score of statistics students such that it can be said with 99% confidence that the sample mean is within 3 IQ points of the true mean. Assume that sigmaσequals=10 and determine the required sample size using technology. Then determine if this is a reasonable sample size for a real world calculation.
The required sample size is ____(Round to the nearest integer.)

Question 4. An IQ test is designed so that the mean is 100 and the standard deviation is 19 for the population of normal adults. Find the sample size necessary to estimate the mean IQ score of statistics students such that it can be said with 90% confidence that the sample mean is within 5 IQ points of the true mean. Assume that sigmaσequals=19 and determine the required sample size using technology. Then determine if this is a reasonable sample size for a real world calculation.
The required sample size is ____(Round to the nearest integer.)

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M92477379
  • Price:- $15

Priced at Now at $15, Verified Solution

Have any Question?


Related Questions in Statistics and Probability

At a university the probability that an incoming freshman

At a university, the probability that an incoming freshman will graduate within four years is 0.553. Use the normal approximation to estimate, to the nearest thousandth, the probability that (a) at least 60 out of a grou ...

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. Identify the margin o ...

The usable lifetime of a particular electronic component is

The usable lifetime of a particular electronic component is known to follow an exponential distribution with a mean of 6.2 years. Let X = the usable lifetime of a randomly selected component. (a) The proportion of these ...

You have a bag with three fair dice one is 4-sided one is

You have a bag with three fair dice. One is 4-sided, one is 6-sided, and one is 12-sided. You reach into the bag, pick one die at random, and roll it. The outcome of the roll is 4. What is the probability that you rolled ...

The mean of the annual return for common stocks from 1926

The mean of the annual return for common stocks from 1926 to 1992 was 16.5%, and the standard deviation of the annual return was 19%. In later parts of the question we will ask: a. What is the probability that the stock ...

If we are interested in job satisfactionname a variable

If we are interested in job satisfaction. Name a variable that correlates with job satisfaction but we do not have causation. Name a variable that you believe may have a casual relationship with job satisfaction. Name a ...

The number of defective items produced by a machine in a

The number of defective items produced by a machine in a large factory follows a Poisson distribution with a rate of λ=1.5 per day. What is the probabilityThe machine produces exactly zero defective items on exactly two ...

The average price of a television on a certain web site is

The average price of a television on a certain Web site is ?$770. Assume the price of these televisions follows the normal distribution with a standard deviation of ?$170. Complete parts a through d below. a.  What is th ...

Let be a random variable with probability

Let be a random variable with probability function  f ( x )=144/205 x^  2  , where  x =1,2,3,4. (a) Find the expected value of  X   (b) Find the expected value of  Y =2 X +3

Sixty-seven percent of adults have looked at their credit

Sixty-seven percent of adults have looked at their credit score in the past six months. If you select 31 customers, what is the probability that at least 20 of them have looked at their score in the past six months?

  • 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