Given a population with a mean of = 200 and a variance of 2 = 625,

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Given a population with a mean of μ = 200 and a variance of σ2 = 625, the central limit theorem applies when the sample size n ≥ 25. A random sample of size n = 25 is obtained.
a. What are the mean and variance of the sampling distribution for the sample mean?
b. What is the probability that x-bar > 209?
c. What is the probability that 198 ≤ x-bar ≤ 211?
d. What is the probability that x-bar ≤ 202? Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Statistics For Business And Economics

ISBN: 9780132745659

8th Edition

Authors: Paul Newbold, William Carlson, Betty Thorne

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