In: Statistics and Probability
Suppose a batch of metal shafts produced in a manufacturing company have a standard deviation of 1.5 and a mean diameter of 205 inches.
If 79 shafts are sampled at random from the batch, what is the probability that the mean diameter of the sample shafts would differ from the population mean by less than 0.3 inches? Round your answer to four decimal places.
Solution :
= / n = 1.5 / 79
P(the sample shafts would differ from the population mean by less than 0.3 inches)
= P[ -0.3 / 1.5 / 79 ( - ) / 0.3 / 1.5 / 79)]
= P(-1.78 Z 1.78)
= P(Z 1.78) - P(Z -1.78)
= 0.9249