Question

The average production cost for major movies is 59 million dollars and the standard deviation is...

The average production cost for major movies is 59 million dollars and the standard deviation is 22 million dollars. Assume the production cost distribution is normal. Suppose that 14 randomly selected major movies are researched. Answer the following questions. Give your answers in millions of dollars, not dollars. Round all answers to 4 decimal places where possible.


What is the distribution of XX? XX ~ N(,)


What is the distribution of ¯xx¯? ¯xx¯ ~ N(,)


For a single randomly selected movie, find the probability that this movie's production cost is between 58 and 62 million dollars.


For the group of 14 movies, find the probability that the average production cost is between 58 and 62 million dollars.


For part d), is the assumption of normal necessary? YesNo


Homework Answers

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
The average production cost for major movies is 59 million dollars and the standard deviation is...
The average production cost for major movies is 59 million dollars and the standard deviation is 20 million dollars. Assume the production cost distribution is normal. Suppose that 14 randomly selected major movies are researched. Answer the following questions. Round all answers to 4 decimal places where possible. What is the distribution of XX? XX ~ N(,) What is the distribution of ¯xx¯? ¯xx¯ ~ N(,) For a single randomly selected movie, find the probability that this movie's production cost...
The average production cost for major movies is 59 million dollars and the standard deviation is...
The average production cost for major movies is 59 million dollars and the standard deviation is 21 million dollars. Assume the production cost distribution is normal. Suppose that 13 randomly selected major movies are researched. Answer the following questions. Round all answers to 4 decimal places where possible. What is the distribution of X ? X ~ N( , ) What is the distribution of ¯ x ? ¯ x ~ N( , ) For a single randomly selected movie,...
The average production cost for major movies is 58 million dollars and the standard deviation is...
The average production cost for major movies is 58 million dollars and the standard deviation is 18 million dollars. Assume the production cost distribution is normal. Suppose that 10 randomly selected major movies are researched. Answer the following questions. Give your answers in millions of dollars, not dollars. Round all answers to 4 decimal places where possible. What is the distribution of X ? X ~ N( 58 Correct, 18 Correct) What is the distribution of ¯ x ? ¯...
The average production cost for major movies is 66 million dollars and the standard deviation is...
The average production cost for major movies is 66 million dollars and the standard deviation is 19 million dollars. Assume the production cost distribution is normal. Suppose that 17 randomly selected major movies are researched. Answer the following questions. Give your answers in millions of dollars, not dollars. Round all answers to 4 decimal places where possible. What is the distribution of X X ? X X ~ N(,) What is the distribution of ¯ x x¯ ? ¯ x...
The average production cost for major movies is 69 million dollars and the standard deviation is...
The average production cost for major movies is 69 million dollars and the standard deviation is 19 million dollars. Assume the production cost distribution is normal. Suppose that 8 randomly selected major movies are researched. Answer the following questions. Give your answers in millions of dollars, not dollars. Round all answers to 4 decimal places where possible. What is the distribution of X ? X ~ N( , ) What is the distribution of ¯ x ? ¯ x ~...
1. Suppose the age that children learn to walk is normally distributed with mean 11 months...
1. Suppose the age that children learn to walk is normally distributed with mean 11 months and standard deviation 1.1 month. 18 randomly selected people were asked what age they learned to walk. Round all answers to 4 decimal places where possible. What is the distribution of X? X ~ N( , ) What is the distribution of ¯x? ¯x~ N( , ) Find the IQR for the average first time walking age for groups of 18 people. Q1 =  _____...
The average time to run the 5K fun run is 23 minutes and the standard deviation...
The average time to run the 5K fun run is 23 minutes and the standard deviation is 2.4 minutes. 17 runners are randomly selected to run the 5K fun run. Round all answers to 4 decimal places where possible and assume a normal distribution. What is the distribution of XX? XX ~ N(,) What is the distribution of ¯xx¯? ¯xx¯ ~ N(,) What is the distribution of ∑x∑x? ∑x∑x ~ N(,) If one randomly selected runner is timed, find the...
The average amount of money spent for lunch per person in the college cafeteria is $6.31...
The average amount of money spent for lunch per person in the college cafeteria is $6.31 and the standard deviation is $2.57. Suppose that 13 randomly selected lunch patrons are observed. Assume the distribution of money spent is normal, and round all answers to 4 decimal places where possible. What is the distribution of XX ? XX ~ N(,) What is the distribution of ¯xx¯ ? ¯xx¯ ~ N(,) For a single randomly selected lunch patron, find the probability that...
The average price of a college math textbook is $166 and the standard deviation is $26....
The average price of a college math textbook is $166 and the standard deviation is $26. Suppose that 17 textbooks are randomly chosen. Round all answers to 4 decimal places where possible. What is the distribution of ¯xx¯? ¯xx¯ ~ N(,) For the group of 17, find the probability that the average price is between $164 and $167. Find the first quartile for the average textbook price for this sample size. $ (round to the nearest cent) For part b),...
The average score for games played in the NFL is 21 and the standard deviation is...
The average score for games played in the NFL is 21 and the standard deviation is 9.3 points. 10 games are randomly selected. Round all answers to 4 decimal places where possible and assume a normal distribution. What is the distribution of ¯xx¯? ¯xx¯ ~ N(,) What is the distribution of ∑x∑x? ∑x∑x ~ N(,) P(¯xx¯ < 20.9887) = Find the 70th percentile for the mean score for this sample size. P(20.5887 < ¯xx¯ < 23.3705) = Q1 for the...