In: Math
A population has a mean of 300 and a standard deviation of 90. Suppose a sample of size 100 is selected and is used to estimate . Use z-table. What is the probability that the sample mean will be within +/- 3 of the population mean (to 4 decimals)? (Round z value in intermediate calculations to 2 decimal places.) What is the probability that the sample mean will be within +/- 19 of the population mean (to 4 decimals)? (Round z value in intermediate calculations to 2 decimal places.)
Solution :
Given that,
mean =
= 300
standard deviation =
= 90
n = 100
=
= 300
=
/
n = 90 /
100 = 9
P(297 <
< 303) = P((297 - 300) / 9<(
-
)
/
< (303 - 300) / 9))
= P( -0.33< Z < 0.33)
= P(Z < 0.33) - P(Z < -0.33) Using standard normal table,
= 0.6293 - 0.3707
Probability = 0.2586
b)
= P( -2.11< Z < 2.11)
= P(Z < 2.11) - P(Z < -2.11) Using standard normal table,
= 0.9826 - 0.0174
Probability = 0.9652