Annual starting salaries in a certain region of the U. S. for college graduates with an engineering major are normally distributed with mean $39725 and standard deviation $7320. Suppose a school takes a sample of 125 such graduates and records the annual starting salary of each. The probability that the sample mean would be at least $39000 is about

Answers

Answer 1

Answer:

0.8665 = 86.65% probability that the sample mean would be at least $39000

Step-by-step explanation:

To solve this question, we need to understand the normal probability distribution and the central limit theorem.

Normal Probability Distribution:

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem estabilishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

Mean $39725 and standard deviation $7320.

This means that [tex]\mu = 39725, \sigma = 7320[/tex]

Sample of 125:

This means that [tex]n = 125, s = \frac{7320}{\sqrt{125}} = 654.72[/tex]

The probability that the sample mean would be at least $39000 is about?

This is 1 subtracted by the pvalue of Z when X = 39000. So

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

By the Central Limit Theorem

[tex]Z = \frac{X - \mu}{s}[/tex]

[tex]Z = \frac{39000 - 39725}{654.72}[/tex]

[tex]Z = -1.11[/tex]

[tex]Z = -1.11[/tex] has a pvalue of 0.1335

1 - 0.1335 = 0.8665

0.8665 = 86.65% probability that the sample mean would be at least $39000


Related Questions

Alicia, Jamar, and Tia collect dimes for charity. Alicia collects (3k+4) dimes. Jamar collects twice as many dimes as Alicia. Tia collects 4(5+6k) dimes. How many dimes do they collect altogether in terms of k?

Answers

Answer:

33k+32

Step-by-step explanation:

Assign Variables :

Alicia- A

Jamar- J

Tia- T

Write equations :

A = (3k+4)

J= 2(3k+4)

T=4(5+6k)

Simplify equations:

A= 3k+4

J= 6k+8

T= 20+24k

Add:

(3k+4)+(6k+8)+(20+24k)

3k+6k+24k+8+20+4

33k+32

I hope this helps :)

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Answer:

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Step-by-step explanation:

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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Answers

Answer:

D. 1

Step-by-step explanation:

[tex]-2\left[\begin{array}{cc}x&-1\\3&5\end{array}\right]+\left[\begin{array}{cc}3&8\\-1&6\end{array}\right] = \left[\begin{array}{cc}x&10\\-7&-4\end{array}\right][/tex] ⇒[tex]\left[\begin{array}{cc}-2x&2\\-6&-10\end{array}\right]+\left[\begin{array}{cc}3&8\\-1&6\end{array}\right] = \left[\begin{array}{cc}x&10\\-7&-4\end{array}\right][/tex] ⇒ [tex]\left[\begin{array}{cc}-2x+3&2+8\\-6-1&-10+6\end{array}\right] = \left[\begin{array}{cc}x&10\\-7&-4\end{array}\right][/tex] ⇒[tex]\left[\begin{array}{cc}-2x+3&10\\-7&-4\end{array}\right] = \left[\begin{array}{cc}x&10\\-7&-4\end{array}\right][/tex] ⇒-2x + 3 = x3x = 3x = 1

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Answer:

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Step-by-step explanation:

I need help...WILL GIVE BRAINLIEST !!!!!

Answers

Answer:

Step-by-step explanation:

48 is preimeter

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Make me brainliest

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D. 73 mph

Answers

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A shirt is on sale for 35% off the original price. If the original price is $39.00 what is the sale price?

Answers

Answer:

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Step-by-step explanation:

You just take off the percentage from the original price to get your final answer.

Hope this helps c:

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Answers

Answer:

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

a = ?

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Answers

Answer:

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Multiplying each side by 10⇒30:110

Step-by-step explanation:

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Step-by-step explanation:

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Answers

Answer:

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Step-by-step explanation:

Which is the correct answer?

Answers

C because I said
So
Lol
Ahahha
Goggle

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Answers

Answer:

m=1, m= -3

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a= 3, a= -8

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Answer:

I hope this helps a little bit.

It Is Not Fake

It Got Answers Promise

Consider the function f(x) = 2 + 2x - 15. What are the x-intercepts of the function?

Answers

Answer:

x=6.5

Step-by-step explanation:

I got the x- intercept as 6.5 because I found the x value when y equals 0.

0=2+2x-15

Next, I added 2+-15 and got -13.

0=2x-13

Then, I added 13 to both sides so that I could have x by itself.

13=2x

Next, I divided 2 on both sides so I could find the value of x.

6.5= x

In conclusion, the x- intercept of f(x)=2+2x-15 is 6.5.  


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Answers

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Step-by-step explanation:

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Answers

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Answer:

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(hope it helps can i plz have brainlist :D hehe)

Step-by-step explanation:

PLEASE HELP !! ILL GIVE BRAINLIEST !!

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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Step-by-step explanation:

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Answers

Answer:

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Answer:

decreasing

Step-by-step explanation:

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Answers

Answer:

Step-by-step explanation:

Answer:

Step-by-step explanation:

Since pqrs is a quadrilateral

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Answers

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Step-by-step explanation:

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hope this helps :)

if it does, can I get brainliest, please??!

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