Question

You may need to use the appropriate appendix table or technology to answer this question. Barron's...

You may need to use the appropriate appendix table or technology to answer this question.

Barron's reported that the average number of weeks an individual is unemployed is 18.5 weeks. Assume that for the population of all unemployed individuals the population mean length of unemployment is 18.5 weeks and that the population standard deviation is 4 weeks. Suppose you would like to select a sample of 60 unemployed individuals for a follow-up study.

(a) Show the sampling distribution of x, the sample mean average for a sample of 60 unemployed individuals.

(b) What is the probability that a simple random sample of 60 unemployed individuals will provide a sample mean within 1 week of the population mean? (Round your answer to four decimal places.)

(c) What is the probability that a simple random sample of 60 unemployed individuals will provide a sample mean within 1/2 week of the population mean? (round your answer to four decimal places.)

Homework Answers

Answer #1

μ = 18.5, σ = 4

(a) Sampling distribution of x-bar is approximately normal with μ = 18.5 and s = σ/√n = 4/√60 = 0.5164

(b) We want x-bar to lie between 17.5 weeks and 19.5 weeks

z1 = (17.5 - 18.5)/0.5164 = -1.9365 and z2 = (19.5 - 18.5)/0.5164 = 1.9365

P(17.5 < x-bar < 19.5) = P(-1.9365 < z < 1.9365) = 0.9472

(c) We want x-bar to lie between 18 weeks and 19 weeks

z1 = (18 - 18.5)/0.5164 = -0.9682 and z2 = (19 - 18.5)/0.5164 = 0.9682

P(18 < x-bar < 19) = P(-0.9682 < z < 0.9682 = 0.6671

[Please give me a Thumbs Up if you are satisfied with my answer. If you are not, please comment on it, so I can edit the answer. Thanks.]

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Barron's reported that the average number of weeks an individual is unemployed is 17.5 weeks. Assume...
Barron's reported that the average number of weeks an individual is unemployed is 17.5 weeks. Assume that for the population of all unemployed individuals the population mean length of unemployment is 17.5 weeks and that the population standard deviation is 5 weeks. Suppose you would like to select a sample of 50 unemployed individuals for a follow-up study. What is the probability that a simple random sample of 50 unemployed individuals will provide a sample mean within 1 week of...
You may need to use the appropriate appendix table or technology to answer this question. A...
You may need to use the appropriate appendix table or technology to answer this question. A population has a mean of 200 and a standard deviation of 50. Suppose a sample of size 100 is selected and x is used to estimate μ. (Round your answers to four decimal places.) (a) What is the probability that the sample mean will be within ±5 of the population mean? (b) What is the probability that the sample mean will be within ±10...
Barron's reported that the average number of weeks an individual is unemployed is 21.5 weeks. Assume...
Barron's reported that the average number of weeks an individual is unemployed is 21.5 weeks. Assume that for the population of all unemployed individuals the population mean length of unemployment is 21.5 weeks and that the population standard deviation is 5.5 weeks. Suppose you would like to select a sample of 65 unemployed individuals for a follow-up study. Use z-table. What is the probability that a simple random sample of 65 unemployed individuals will provide a sample mean within 1...
You may need to use the appropriate appendix table or technology to answer this question. The...
You may need to use the appropriate appendix table or technology to answer this question. The Economic Policy Institute periodically issues reports on wages of entry level workers. The institute reported that entry level wages for male college graduates were $21.68 per hour and for female college graduates were $18.80 per hour in 2011.† Assume the standard deviation for male graduates is $2.30, and for female graduates it is $2.05. (Round your answers to four decimal places.) (a) What is...
You may need to use the appropriate appendix table or technology to answer this question. Software...
You may need to use the appropriate appendix table or technology to answer this question. Software companies work hard to produce software that does not have bugs in it. The average number of bugs found in a new software program at its inception is 26.5 with a standard deviation of 3.5 bugs. A random sample of size 45 software programs was examined. (a) Determine the mean (in bugs) of the sampling distribution of the sample mean for samples of size...
You may need to use the appropriate appendix table or technology to answer this question. Consider...
You may need to use the appropriate appendix table or technology to answer this question. Consider the following hypothesis test. H0: μ ≥ 10 Ha: μ < 10 The sample size is 130 and the population standard deviation is assumed known with σ = 5.Use α = 0.05. (a) If the population mean is 9, what is the probability that the sample mean leads to the conclusion do not reject H0? (Round your answer to four decimal places.) (b) What...
You may need to use the appropriate appendix table or technology to answer this question. A...
You may need to use the appropriate appendix table or technology to answer this question. A production process is checked periodically by a quality control inspector. The inspector selects simple random samples of 40 finished products and computes the sample mean product weights x. If test results over a long period of time show that 5% of the x values are over 2.1 pounds and 5% are under 1.9 pounds, what are the mean and the standard deviation (in lb)...
ou may need to use the appropriate appendix table or technology to answer this question. The...
ou may need to use the appropriate appendix table or technology to answer this question. The port of South Louisiana, located along 54 miles of the Mississippi River between New Orleans and Baton Rouge, is the largest bulk cargo port in the world. The U.S. Army Corps of Engineers reports that the port handles a mean of 4.5 million tons of cargo per week.† Assume that the number of tons of cargo handled per week is normally distributed with a...
You may need to use the appropriate appendix table or technology to answer this question. A...
You may need to use the appropriate appendix table or technology to answer this question. A simple random sample with n = 59 provided a sample mean of 26.5 and a sample standard deviation of 4.4. (Round your answers to one decimal place.) (a) Develop a 90% confidence interval for the population mean. to (b) Develop a 95% confidence interval for the population mean. to (c) Develop a 99% confidence interval for the population mean. to (d) What happens to...
You may need to use the appropriate appendix table or technology to answer this question. An...
You may need to use the appropriate appendix table or technology to answer this question. An air transport association surveys business travelers to develop quality ratings for transatlantic gateway airports. The maximum possible rating is 10. Suppose a simple random sample of 50 business travelers is selected and each traveler is asked to provide a rating for a certain airport. The ratings obtained from the sample of 50 business travelers follow. 6 4 6 8 7 7 6 3 3...