In: Statistics and Probability
Please answer these questions !
1. True or False: Measuring a sample is generally just as expensive as measuring a population.
Select one:
True
False
2. A probability distribution has a mean of 50 and a standard deviation of 15. We plan to take a sample of 35 observations. What is the probability that the sample mean is between 53 and 54?
Select one:
a. 0.1554
b. 0.8239
c. 0.4971
d. 0.0619
Solution :
Given that ,
mean = = 50
standard deviation = =15
n = 35
= 50
= / n= 15/ 35=2.5355
P(53< <54 ) = P[(53 -50) / 2.5355< ( - ) / < (54 -50) /2.5355 )]
= P( 1.18< Z <1.58 )
= P(Z < 1.58) - P(Z <1.18 )
Using z table
=0.9429 0.881
=0.0619
probability=0.0619
probability=