In: Statistics and Probability
A population has a mean of 200 and a standard deviation of 70. Suppose a sample of size 100 is selected and is used to estimate . Use z-table. What is the probability that the sample mean will be within +/- 3 of the population mean What is the probability that the sample mean will be within +/- 17 of the population mean (to 4 decimals)? (Round z value in intermediate calculations to 2 decimal places.)
Solution :
Given that,
mean = = 200
standard deviation = = 70
= / n = 70 / 100 = 7
= P[(-0.03) / 7< ( - ) / < (0.03) / 7)]
= P(-0.00 < Z < 0.00)
= P(Z < 0.00) - P(Z < -0.00)
= 0.5 - 0.5
= 0
Probability = 0
= P[(-0.17) / 7< ( - ) / < (0.17) / 7)]
= P(-0.02 < Z < 0.02)
= P(Z < 0.02) - P(Z < -0.02)
= 0.508 - 0.492
= 0.016
Probability = 0.0160