The monthly electrical utility bills of all customers for the Far East Power and Light Company are known to be distributed as a normal distribution with mean equal to $187.00 a month and standard deviation of $36.00. If a statistical sample of n = 100 customers is selected at random, what is the probability that the mean bill for those sampled will exceed $175.00?
Group of answer choices
3.33
-0.33
Approximately 0.63
About 1.00
Solution :
Given that ,
mean = = 187
standard deviation = =36
n = 100
= 187
= / n = 36 / 100 = 3.6
P( >175 ) = 1 - P( < 175)
= 1 - P[( - ) / < (175-187) / 3.6]
= 1 - P(z < -3.33)
Using z table
= 1 - 0.0004
=0.9996
=1.00
Get Answers For Free
Most questions answered within 1 hours.