Question

Please include bell shape curve for B & C. According to the Organization for Economic Co-Operation...

Please include bell shape curve for B & C.

According to the Organization for Economic Co-Operation and Development (OECD), adults in the United States worked an average of 1,805 hours in 2007. Assume the population standard deviation is 395 hours and that a random sample of 70 U.S. adults was selected. a. Calculate the standard error of the mean. b. What is the probability that the sample mean will be more than 1,775 hours? c. What is the probability that the sample mean will be between 1,765 and 1,820 hours? d. Would a sample mean of 1,815 hours support the claim made by the OECD? Explain?

Homework Answers

Answer #1

answer)

As the population s.d is known, so we can use standard normal z table to estimate the answers

Given mean = 1805

S.d = 395

N = 70

Z = (x-mean)/(s.d/√n)

A)

Standard error = s.d/√n = 395/√70 = 47.2115300687

B)

We need to find

P(x>1775)

Z = (1775-1805)/(395/√70)

Z = -0.64

From z table, P(Z>-0.64) = 0.7389

C)

P(1765<X<1820) = P(X<1820) - P(X<1765)

P(X<1820) = (1820-1805)/(395/√70)

Z = 0.32

From z table, P(Z<0.32) = 0.6255

P(X<1765)

Z = -0.85

From z table, P(Z<-0.85) = 0.1977

Required probability is = 0.6255-0.1977 = 0.4278

D)

P(X>1815)

Z = (1815-1805)/(395/√70)

Z = 0.21

From z table, P(Z>0.21) = 0.4168

As the probability is quite large

Yes a sample mean of 1815 supports the claim.

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
********I NEED THE BELL SHAPED CURVE*********** PLEASE INCLUDE!!!!!!! According to the National Association of Realtors, 44%...
********I NEED THE BELL SHAPED CURVE*********** PLEASE INCLUDE!!!!!!! According to the National Association of Realtors, 44% of U.S. homes sold in March 2010 were purchased by first-time buyers. A random sample of 175 people who just purchased homes is selected. a. Calculate the standard error of the proportion. b. What is the probability that less than 80 of them are first-time buyers? c. What is the probability that more than 84 of them are first-time buyers? d. What is the...
2. SECURING THE WORKFORCE Diversity management in X-tech, a Japanese organisation This case is intended to...
2. SECURING THE WORKFORCE Diversity management in X-tech, a Japanese organisation This case is intended to be used as a basis for class discussion rather than as an illustration of the effective or ineffective handling of an administrative situation. The name of the company is disguised. INTRODUCTION In light of demographic concerns, in 2012, the Japanese government initiated an effort to change the work environment in order to secure the workforce of the future. Japan is world renowned for its...
3 SECURING THE WORKFORCE Diversity management in X-tech, a Japanese organisation This case is intended to...
3 SECURING THE WORKFORCE Diversity management in X-tech, a Japanese organisation This case is intended to be used as a basis for class discussion rather than as an illustration of the effective or ineffective handling of an administrative situation. The name of the company is disguised. INTRODUCTION In light of demographic concerns, in 2012, the Japanese government initiated an effort to change the work environment in order to secure the workforce of the future. Japan is world renowned for its...
Using the model proposed by Lafley and Charan, analyze how Apigee was able to drive innovation....
Using the model proposed by Lafley and Charan, analyze how Apigee was able to drive innovation. case:    W17400 APIGEE: PEOPLE MANAGEMENT PRACTICES AND THE CHALLENGE OF GROWTH Ranjeet Nambudiri, S. Ramnarayan, and Catherine Xavier wrote this case solely to provide material for class discussion. The authors do not intend to illustrate either effective or ineffective handling of a managerial situation. The authors may have disguised certain names and other identifying information to protect confidentiality. This publication may not be...
Delta airlines case study Global strategy. Describe the current global strategy and provide evidence about how...
Delta airlines case study Global strategy. Describe the current global strategy and provide evidence about how the firms resources incompetencies support the given pressures regarding costs and local responsiveness. Describe entry modes have they usually used, and whether they are appropriate for the given strategy. Any key issues in their global strategy? casestudy: Atlanta, June 17, 2014. Sea of Delta employees and their families swarmed between food trucks, amusement park booths, and entertainment venues that were scattered throughout what would...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT