In: Statistics and Probability
a.
| A population consists of the following five values: 17, 17, 24, 18, and 18. |
|
List all samples of size 3, and compute the mean of each sample. (Round your Mean values to 2 decimal places.) |
|
| Sample | Values | Sum | Mean |
| 1 | (Click to select)17,24,1817,18,1817,17,2417,17,18 | ||
| 2 | (Click to select)17,17,2417,24,1817,17,1817,18,18 | ||
| 3 | (Click to select)17,17,1817,17,2417,18,1817,24,18 | ||
| 4 | (Click to select)17,17,1817,18,1817,17,2417,24,18 | ||
| 5 | (Click to select)17,24,1817,17,2417,17,1817,18,18 | ||
| 6 | (Click to select)17,24,1817,17,2417,17,1817,18,18 | ||
| 7 | (Click to select)17,18,1817,24,1824,18,1817,17,24 | ||
| 8 | (Click to select)17,17,2417,18,1824,18,1817,24,18 | ||
| 9 | (Click to select)17,24,1817,17,2424,18,1817,18,18 | ||
| 10 | (Click to select)17,18,1817,17,2417,24,1824,18,18 | ||
| (b) |
Compute the mean of the distribution of sample means and the population mean. (Round your answers to 2 decimal places.) |
| Mean of the distribution of the sample mean | |
| Population mean | |
B.
| A normal population has a mean of 80 and a standard deviation of 3. You select a sample of 44. |
|
Compute the probability the sample mean is: (Round z values to 2 decimal places and final answers to 4 decimal places.) |
| (a) | Less than 79. |
| Probability |
| (b) | Between 79 and 81. |
| Probability |
| (c) | Between 81 and 82. |
| Probability |
| (d) | Greater than 82. |
| Probability |
c.
|
At the downtown office of First National Bank, there are five tellers. Last week, the tellers made the following number of errors each: 3, 7, 2, 3, and 1. |
| (a) | How many different samples of 2 tellers are possible without replacement? |
| Different samples |
| (b) | List all possible samples of 2 observations each from left to right without replacement and compute the mean of each sample. (Round your Mean value answers to 1 decimal place.) |
| Sample | Values | Sum | Mean |
| 1 | (Click to select)7,37,23,23,7 | ||
| 2 | (Click to select)3,37,13,27,3 | ||
| 3 | (Click to select)3,37,37,13,1 | ||
| 4 | (Click to select)7,33,17,22,3 | ||
| 5 | (Click to select)3,22,17,37,2 | ||
| 6 | (Click to select)2,17,37,12,3 | ||
| 7 | (Click to select)7,37,12,32,1 | ||
| 8 | (Click to select)3,12,37,32,1 | ||
| 9 | (Click to select)2,33,12,17,3 | ||
| 10 | (Click to select)7,33,12,32,1 | ||
| Total | |||
| (c) |
Compute the mean of the sample means and compare it to the population mean. (Round your answers to 1 decimal places.) |
| The mean of the sample means is | |
| The population mean is | |
| Both means are | (Click to select)Not equalEqual |
a)
| values | sum | mean |
| 17,17 | 34 | 17 |
| 17,24 | 41 | 20.5 |
| 17,18 | 35 | 17.5 |
| 17,18 | 35 | 17.5 |
| 17,24 | 41 | 20.5 |
| 17,18 | 35 | 17.5 |
| 17,18 | 35 | 17.5 |
| 24,18 | 42 | 21 |
| 24,18 | 42 | 21 |
| 18,18 | 36 | 18 |
Mean of the distribution of the sample mean =18.8
population mean =18.8
b)
| for normal distribution z score =(X-μ)/σx | |
| here mean= μ= | 80 |
| std deviation =σ= | 3.0000 |
| sample size =n= | 44 |
| std error=σx̅=σ/√n= | 0.4523 |
a)
| probability = | P(X<79) | = | P(Z<-2.21)= | 0.0136 |
b)
| probability = | P(79<X<81) | = | P(-2.21<Z<2.21)= | 0.9864-0.0136= | 0.9728 |
c)
| probability = | P(X>82) | = | P(Z>4.42)= | 1-P(Z<4.42)= | 1-1= | 0.0000 |
c)
different samples of 2 tellers are possible without replacement =10
b)
| values | sum | mean |
| 3,7 | 10 | 5 |
| 3,2 | 5 | 2.5 |
| 3,3 | 6 | 3 |
| 3,1 | 4 | 2 |
| 7,2 | 9 | 4.5 |
| 7,3 | 10 | 5 |
| 7,1 | 8 | 4 |
| 2,3 | 5 | 2.5 |
| 2,1 | 3 | 1.5 |
| 3,1 | 4 | 2 |
c)
The mean of the sample means is =3.2
The population mean is =3.2
Both means are equal