Question

In: Statistics and Probability

It has been determined that an agent of S.H.I.E.L.D. spends an average of 108 days per...

It has been determined that an agent of S.H.I.E.L.D. spends an average of 108 days per year identifying potential threats to human existence, with a standard deviation of 13.5 days. A random sample of 36 S.H.I.E.L.D. agents is taken.

a. What is the probability that the sample will have a mean of less than 105 days?

b. What is the probability that the sample will have a mean of more than 110 days?

c. What is the probability that the sample will have a mean between 109 and 114 days?

d. What is the probability that the sample will have a mean of no more than 104 days?

Solutions

Expert Solution

Population mean, = 108 days

Standard deviation, = 13.5 days

Sample size, n = 36

For sampling distribution of mean, = = 108 days

Standard error, =

=

= 2.25

a) P(sample will have a mean of less than 105 days) = P( < 105)

= P(Z < (105 - 108)/2.25)

= P(Z < -1.33)

= 0.0918

b) P(sample will have a mean of more than 110 days) = P( > 110)

= 1 - P( < 110)

= 1 - P(Z < (110 - 108)/2.25)

= 1 - P(Z < 0.89)

= 1 - 0.8133

= 0.1867

c) P(sample will have a mean between 109 and 114 days) = P(109 < < 114)

= P( < 114) - P( < 109)

= P(Z < (114 - 108)/2.25) - P(Z < (109 - 108)/2.25)

= P(Z < 2.67) - P(Z < 0.44)

= 0.9962 - 0.6700

= 0.3262

d) P(sample will have a mean of no more than 104 days) = P( < 104)

= P(Z < (104 - 108)/2.25)

= P(Z < -1.78)

= 0.0375


Related Solutions

A recent health report revealed that a woman with insurance spends an average of 2.3 days...
A recent health report revealed that a woman with insurance spends an average of 2.3 days in the hospital following a routine childbirth, while a woman without insurance spends an average of 1.9 days at the hospital. Two samples of 16 women each were used in both samples. The standard deviation of the first sample is equal to 0.6 day, and the standard deviation of the second sample is 0.3 day. At ?=0.01, test the claim that the means are...
it has been hypothesized that the average germination time for a certain seed is 4 days....
it has been hypothesized that the average germination time for a certain seed is 4 days. an experiment involving 32 seeds revealed an average germination time of 6 days. at the level of significance 0.05. is there evidence that average germination times has increased? (standard deviation=0.80 days). P-value method
Birdie Golf, Inc (Stock price is $108. Per share, 18,000,000 shares outstanding) has been in Merger...
Birdie Golf, Inc (Stock price is $108. Per share, 18,000,000 shares outstanding) has been in Merger talks with the Hybrid Golf Co. for 6 months. Hybrid has 8 million shares outstanding. Birdie has superior ,assymetric, marketing intelligence and has learned that the GOLF industry is picking up new and massive interest from teens through 30 year olds. Birdie has made a CASH offer for Hybrid agreeing to $300,000,000. Top line revenue growth (demand) is expected to increase since more youth...
The demand for widgets has been determined to be 10,000 per year. Each widget sells for...
The demand for widgets has been determined to be 10,000 per year. Each widget sells for $4.00 and costs $2.25 to produce. Using breakeven analysis and an interest rate of 12%, determine the maximum purchase price that could be paid for the required machinery. The machine is expected to last 8 years and to have a salvage value of 5% of the purchase price. Please show the answer in excel if possible
The population of all Harvard students spends an average of $330 per semester on books. The...
The population of all Harvard students spends an average of $330 per semester on books. The population standard deviation of this expenditure is $65. A simple random sample of 40 students who attend the college is taken. a. Provide the sampling distribution for the sample mean. Can you assume a normal distribution for the sample mean? Why or why not? b. Calculate the probability that the average expenditure for the 40 students in the sample is between $320 and $350....
Aki’s bicycle designs has determined that when x hundred bicycles are built, the average cost per...
Aki’s bicycle designs has determined that when x hundred bicycles are built, the average cost per bicycle is given by C(x)=0.2x^2-0.1x+5.857, where C(x) is in hundreds of dollars. How many bicycles should the shop build to minimize the average cost per bicycle?
3. It is commonly said that the average college student spends 10 hours per week on...
3. It is commonly said that the average college student spends 10 hours per week on the Internet. It is common knowledge that the population standard deviation is 16 hours/week. You believe that the true average time that college students spend on the Internet should not be 10 hours per week, and decide to collect your own sample for a hypothesis test. You randomly sample 250 students from your college and find that on average they spent 12.5 hours a...
1. An imaginary study states that an American household spends an average of $1250 per year...
1. An imaginary study states that an American household spends an average of $1250 per year on soft drinks. The standard deviation for the study is $225. If 30 American households are selected at random, what is the probability that they spend an average of between $1180 and $1270 per year on soft drinks? 2. The average number of deaths per week for Covid 19 patients in the U.S. since March 21st is 9,433, with a standard deviation of 4733....
a store has been grossing over $850 per day about 60% of business days it is...
a store has been grossing over $850 per day about 60% of business days it is open, what are the probabilities the store will gross over $850 (a) at least 3 out of 5 days? (b) at least 6 out of 10 days? (c)fewer than 5 out of 10 days? (d) fewer than 6 out of the next 20 days?
A firm has days' sales in an inventory of 105 days, an average collection period of...
A firm has days' sales in an inventory of 105 days, an average collection period of 35 days, and takes 42 days, on average, to pay its accounts payable. Taken together, what do these three figures imply about the firm's operations and its cash flows?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT