A population has a mean of 300 and a standard deviation of 70. Suppose a sample of size 100 is selected and is used to estimate . Use z-table.
A. What is the probability that the sample mean will be within +/- 8 of the population mean (to 4 decimals)? (Round z value in intermediate calculations to 2 decimal places.)
B. What is the probability that the sample mean will be within +/- 10 of the population mean (to 4 decimals)? (Round z value in intermediate calculations to 2 decimal places.)
A population has a mean of = 300 and a standard deviation of =70
Sample size = n = 100
a)
We have to find the probability that the sample mean will be within +/- 8 of the population mean.
I.e P( 300-8 < < 300 + 8 ) = P( 292 < < 308 )
We need to find z score for 292 and 308
z-score for 292 ,
z-score for 308
P( 292 < < 308 )= P( -1.14 < z < 1.14 )
P( -1.14 < z < 1.14 ) = P( z < 1.14 ) - P( z < -1.14 )
Using z score table , P( z < -1.14 ) = 0.1271 and P( z < 1.14 ) = 0.8729
P( -1.14 < z < 1.14 ) = 0.8729 - 0.1271 = 0.7458
The probability that the sample mean will be within +/- 8 of the population mean is 0.7458
b)
We have to find the probability that the sample mean will be within +/- 10 of the population mean.
I.e P( 300-10 < < 300 + 10 ) = P( 290 < < 310 )
We need to find z score for 290 and 310
z-score for 290 ,
z-score for 310
P( 290 < < 310 )= P( -1.43 < z < 1.43 )
P( -1.43 < z < 1.43 ) = P( z < 1.43 ) - P( z < -1.43 )
Using z score table , P( z < -1.43 ) = 0.0764 and P( z < 1.43 ) = 0.9236
P( -1.43 < z < 1.43 ) = 0.9236 - 0.0764= 0.8472
The probability that the sample mean will be within +/- 10 of the population mean is 0.8472
Get Answers For Free
Most questions answered within 1 hours.