The IQ of actuarial science majors is assumed to be normally distributed with mean 112 and standard deviation of 14. In a class of 19 students, find the probability that the mean IQ of all 19 students is greater than 120.
Answer: 0.0064 - need work
Solution :
Given that ,
mean = = 112
standard deviation = = 14
n = 19
= 112
= / n = 14 / 19 = 3.2118
P( >120 ) = 1 - P( <120 )
= 1 - P[( - ) / < (120 -112) /3.2118 ]
= 1 - P(z <2.49 )
Using z table
= 1 - 0.9936
= 0.0064
probability= 0.0064
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