In: Statistics and Probability
A leading magazine (like Barron's) reported at one time that the
average number of weeks an individual is unemployed is 14.9 weeks.
Assume that for the population of all unemployed individuals the
population mean length of unemployment is 14.9 weeks and that the
population standard deviation is 6.2 weeks. Suppose you would like
to select a random sample of 208 unemployed individuals for a
follow-up study.
Find the probability that a single randomly selected value is
between 14.7 and 16.1.
P(14.7 < X < 16.1) =
Find the probability that a sample of size n=208 is randomly
selected with a mean between 14.7 and 16.1.
P(14.7 < M < 16.1) =
Enter your answers as numbers accurate to 4 decimal places.
Since the distribution is normal hence Z score will be applicable for probability calculation here so,
a) P(14.7 < X < 16.1)
start with calculating the Z value at give X points as
and Z at X=16.1
P(14.7 < X < 16.1) =P(-0.03<Z<0.19) is computed using Z table shown below as
=0.5733-0.4880
=0.0853
b) P(14.7 < X < 16.1) id 208 is selected , the Z score would be
and Z at mean =16.1
P(14.7 < X < 16.1)=P(-0.47<Z<2.79) , using Z table shown below:
=0.9974-0.3192
=0.6782