In: Statistics and Probability
Given a random variable ? has population mean ? = 20 and standard deviation ? = 5.
a.) For the sampling distribution of the sample mean ?, for ? = 50 trials what are the mean and standard deviation? ??bar = _____________, ??bar =_____________.
b.) What is the probability that the sample mean will be in the interval 19 < ?bar < 21 ?
?(19 < ? < 21) =_____________. (give answer to at least 4 signifiant figures.)
Solution :
Given that,
mean = = 20
standard deviation = = 5
a.)
n = 50
The sampling distribution of mean and standard deviation is ,
= 20
= / n = 5 / 50 = 0.7071
b.)
= P[(19 - 20) / 0.7071 < ( - ) / < (21 - 20) / 0.7071)]
= P(-1.41 < Z < 1.41)
= P(Z < 1.41) - P(Z < -1.41)
= 0.9207 - 0.0793
= 0.8414
Probability = 0.8414