In the EAI sampling problem, the population mean is 51900 and the population standard deviation is 4000. When the sample size is n=30 , there is a 0.5034 probability of obtaining a sample mean within +/- 500 of the population mean. Use z-table.
a. What is the probability that the sample mean is within 500 of the population mean if a sample of size 60 is used (to 4 decimals)?
b. What is the probability that the sample mean is within 500 of the population mean if a sample of size 120 is used (to 4 decimals)?
A population proportion is 0.2 . A sample of size 200 will be taken and the sample proportion will be used to estimate the population proportion. Use z-table.
Round your answers to four decimal places. Do not round intermediate calculations.
a. What is the probability that the sample proportion will be within +/- 0.04 of the population proportion?
b. What is the probability that the sample proportion will be within +/- 0.08 of the population proportion?
The difference between the value of the sample statistic and the value of the corresponding population parameter is called the _____.
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