In: Statistics and Probability
The mean number of words per minute (WPM) typed by a speed typist is 123 with a standard deviation of 14 WPM. What is the probability that the sample mean would differ from the population mean by more than 1 WPM if 52 speed typists are randomly selected? Round your answer to four decimal places.
Solution :
Given that,
mean = = 123
standard deviation = = 14
= / n = 14 / 52 = 1.9415
= 1 - P[(-1) / 1.9415< ( - ) / < (1) / 1.9415)]
= 1 - P(-0.52 < Z < 0.52)
= 1 - P(Z < 0.52) - P(Z < -0.52)
= 1 - P(0.6985 - 0.3015)
= 1 - 0.397
= 0.6030
Probability = 0.6030