Question

Almost three-fourths of US pecans are grown in the states of GA, NM, and TX. It...

Almost three-fourths of US pecans are grown in the states of GA, NM, and TX. It is known that the average yield of pecans in Dona Ana County μ = 1625 lbs/acre with a standard deviation of σ = 200 lbs/acre. Are the following statements true or false.

If a RANDOM SAMPLE of 18 acres of land is taken, the probability of the average yield of these 18 acres being at most 1700 lbs/acre would be .9441.

If the average yield from a RANDOM SAMPLE of 18 acres of land is 1700 lbs/acre, this sample average would fall above the 95th percentile of all such sample means.

Homework Answers

Answer #1

ANSWER::

Here average yield = = 1625 lbs.acre

Standard deviation = = 200 lbs.acre

(a)

ample size = n = 18

standard error = /sqrt(n) = 200/sqrt(18) = 47.14 lbs/acre

P( 1700) = NORMSDIST( 1700; 1625; 47.14)

z = (1700 - 1625)/47.14 = 1.591

so using NORMSDIST function or using z table

P( 1700) = P(Z < 1.591) = 0.9441

so the statement is true here.

(b)

The statement is false here. The sample average will fall below the 95th percentile of all such sample means.

NOTE:: I HOPE YOUR HAPPY WITH MY ANSWER....***PLEASE SUPPORT ME WITH YOUR RATING...

***PLEASE GIVE ME "LIKE"...ITS VERY IMPORTANT FOR ME NOW....PLEASE SUPPORT ME ....THANK YOU

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
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT