Question

In: Statistics and Probability

1. Professor Heinz has given the same multiple-choice final exam in his Principles of Microeconomics class...

1. Professor Heinz has given the same multiple-choice final exam in his Principles of Microeconomics class for many years. After examining his records from the past 10 years, he finds that the scores have a mean of 69 and a standard deviation of 19. Use an appropriate normal transformation to Calculate the probability that a class of 36 students will have an average greater than 60 on Professor Heinz's final exam.

2. Professor Heinz has given the same multiple-choice final exam in his Principles of Microeconomics class for many years. After examining his records from the past 10 years, he finds that the scores have a mean of 69 and a standard deviation of 19. Calculate the probability that a class of 36 students will have an average greater than 60 on Professor Heinz's final exam.

Solutions

Expert Solution

Solution:

Given:

Mean =

Standard Deviation =

Sample size = n = 36

Part 1) Use an appropriate normal transformation to Calculate the probability that a class of 36 students will have an average greater than 60 on Professor Heinz's final examination.

Since sample size n = 36 is large , we can use Central limit theorem which states that for large sample size n ,
sampling distribution of sample mean is approximately normal with mean of sample means:

and standard deviation of sample means is:

Thus normal transformation to Calculate the probability that a class of 36 students will have an average greater than 60 on Professor Heinz's final examination is given by:

Part 2) Calculate the probability that a class of 36 students will have an average greater than 60 on Professor Heinz's final examination.

that is: find:

Look in z table for z = -2.8 and 0.04 and find corresponding area.

P( Z< -2.84) = 0.0023

thus


Related Solutions

A professor of a introductory statistics class has stated that, historically, the distribution of final exam...
A professor of a introductory statistics class has stated that, historically, the distribution of final exam grades in the course resemble a normal distribution with a mean final exam mark of 60% and a standard deviation of 9%. (a) What is the probability that a randomly chosen final exam mark in this course will be at least 75%? (b) In order to pass this course, a student must have a final exam mark of at least 50%. What proportion of...
Richard has just been given a 10-question multiple-choice quiz in his history class. Each question has...
Richard has just been given a 10-question multiple-choice quiz in his history class. Each question has four answers, of which only one is correct. Since Richard has not attended class recently, he doesn't know any of the answers. Assuming that Richard guesses on all ten questions, find the indicated probabilities. (Round your answers to three decimal places.) (a) What is the probability that he will answer all questions correctly? (b) What is the probability that he will answer all questions...
Richard has just been given a 4-question multiple-choice quiz in his history class. Each question has...
Richard has just been given a 4-question multiple-choice quiz in his history class. Each question has five answers, of which only one is correct. Since Richard has not attended class recently, he doesn't know any of the answers. Assuming that Richard guesses on all four questions, find the indicated probabilities. (Round your answers to three decimal places.) (a) What is the probability that he will answer all questions correctly? (b) What is the probability that he will answer all questions...
Richard has just been given a 8-question multiple-choice quiz in his history class. Each question has...
Richard has just been given a 8-question multiple-choice quiz in his history class. Each question has five answers, of which only one is correct. Since Richard has not attended class recently, he doesn't know any of the answers. Assuming that Richard guesses on all eight questions, find the indicated probabilities. (Round your answers to three decimal places.) (a) What is the probability that he will answer all questions correctly? (b) What is the probability that he will answer all questions...
Richard has just been given a 4-question multiple-choice quiz in his history class. Each question has...
Richard has just been given a 4-question multiple-choice quiz in his history class. Each question has five answers, of which only one is correct. Since Richard has not attended class recently, he doesn't know any of the answers. Assuming that Richard guesses on all four questions, find the indicated probabilities. (Round your answers to three decimal places.) (a) What is the probability that he will answer all questions correctly? (b) What is the probability that he will answer all questions...
4. Richard has just been given a ten-question multiple choice test in his history class. Each...
4. Richard has just been given a ten-question multiple choice test in his history class. Each question has five answers only one of which is correct. Since Richard has not attended class recently, he does not know any of the answers. Assume that Richard guesses randomly on all ten questions. (a) Find the probability that he will answer all ten questions correctly. (b) Find the probability that he will answer five or more questions correctly. (c) Find the probability that...
The instructor of a class offers his students a choice. Their final grade may be calculated...
The instructor of a class offers his students a choice. Their final grade may be calculated in one of two ways, which they must decide on as a class. The class has a total of 500 pts available. The 29 students in the class have a mean score of 407 pts, a standard deviation of 15 and a median score of 420. Option 1 is to have the grades based solely on the percentage of total points possible in the...
Name: Jessica Villasenor Date: June 14, 2020 Class: Principles of Microeconomics Professor: Priti Verma Assignment #4...
Name: Jessica Villasenor Date: June 14, 2020 Class: Principles of Microeconomics Professor: Priti Verma Assignment #4 1. Explain each of the following statements using supply-and-demand diagrams. a. “When a cold snap hits Florida, the price of orange juice rises in supermarkets throughout the country.” b. “When the weather turns warm in New England every summer, the price of hotel rooms in Caribbean resorts plummets.” c. “When a war breaks out in the Middle East, the price of gasoline rises and...
v Sample Final Exam Multiple-Choice Questions Amram Company’s current ratio is 2.0. Considered alone, which of...
v Sample Final Exam Multiple-Choice Questions Amram Company’s current ratio is 2.0. Considered alone, which of the following actions would lower the current ratio? Borrow using short-term notes payable and use the proceeds to reduce accruals. Borrow using short-term notes payable and use the proceeds to reduce long-term debt. Use cash to reduce accruals. Use cash to reduce short-term notes payable. If D0 = $2.25, g (which is constant) = 3.5%, and P0 = $50, what is the stock's expected...
The final exam grade of a mathematics class has a normal distribution with mean of 81...
The final exam grade of a mathematics class has a normal distribution with mean of 81 and standard deviation of 6.6. If a random sample of 40 students selected from this class, then what is the probability that the average final exam grade of this sample is between 77 and 82? Answer: (keep 4 decimal places)
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT