A population of values has a normal distribution with μ=240μ=240
and σ=77.2σ=77.2. You intend to draw a random sample of size
n=214n=214.
Find the probability that a single randomly selected value is
greater than 239.5.
P(X > 239.5) =
Find the probability that a sample of size n=214n=214 is randomly
selected with a mean greater than 239.5.
P(M > 239.5) =
Enter your answers as numbers accurate to 4 decimal places. Answers
obtained using exact z-scores or z-scores rounded
to 3 decimal places are accepted.
i)
Given
μ=240
σ=77.2
Now
= 1 - 0.4976
= 0.5024
Therefore, the probability that a single randomly selected value is greater than 239.5 = 0.5024
ii)
The Central Limit Theorem states that the sampling distribution of the sample means approaches a normal distribution with mean= and standard deviation = , as the sample size gets larger.
i.e.,
i.e.,
i.e,
Now
= 1 - 0.4641
= 0.5359
Therefore, the probability that a sample of size n=214 is randomly selected with a mean greater than 239.5 = 0.5359
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