In: Statistics and Probability
A random sample of 81 items is selected from a population of size 350. What is the probability that the sample mean will exceed 205 if the population mean is 200 and the population standard deviation equals 25? (Hint: Use the finite population correction factor since the sample size is more than 5% of the population size.)
Answer:-
Given That:-
A random sample of 81 items is selected from a population of size 350. What is the probability that the sample mean will exceed 205 if the population mean is 200 and the population standard deviation equals 25?(Hint: Use the finite population correction factor since the sample size is more than 5% of the populationsize.)
A random sample of 81 items is selected from a population of size 350. the probability that the sample mean will exceed 205 if the population mean is 200 and the population standard deviation equals 25
we have a random sample size is 81, i.e., n = 81
population size is 350 i.e., N = 350
population mean is 200 i.e., = 200
population standard deviation is 25 i.e., b = 25
we want to find
Note that is sample mean.