Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

7) Find the z-score for which the area under the standard normal curve is the following: (a) To its right is 0.96 (b) To

 

 


image

7) Find the z-score for which the area under the standard normal curve is the following: (a) To its right is 0.96 (b) To its right is 0.40 (c) To its left is 0.07 (d) That separates the bottom 80% from the top 20% 8) The board of examiners that administers the real estate brokers examination in a certain state found that the mean score on the test was 375 and the standard deviation was 36. If the board wants to set the passing score so that only the best 80% of all applicants pass, what is the passing score? Assume that the scores are normally distributed. 9) Suppose a population has a mean weight of 175 pounds and a standard deviation of 15 pounds. A sample of 100 items is drawn from this population. What is the standard error of the mean? 10) A random sample of size n is to be drawn from a population with = 600 and = 300. What size sample would be necessary to ensure a standard error of 20? 11) The amount of corn chips dispensed into a 16-ounce bag by the dispensing machine has been identified as possessing a normal distribution with a mean of 16.5 ounces and a standard deviation of 0.2 ounce. Suppose 100 bags of chips were randomly selected from this dispensing machine. Find the probability that the sample mean weight of these 100 bags exceeded 16.6 ounces. 12) Assume that blood pressure readings are normally distributed with a mean of 122 and a standard deviation of 6.4. If 64 people are randomly selected, find the probability that their mean blood pressure will be less than 124. 13) The owner of a computer repair shop has determined that their daily revenue has mean $6600 and standard deviation $500. The daily revenue totals for the next 30 days will be monitored. What is the probability that the mean daily revenue for the next 30 days will be between $6000 and $7000?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Elementary Statistics

Authors: Neil A. Weiss

8th Edition

321691237, 978-0321691231

More Books

Students also viewed these Mathematics questions

Question

Create blogs for effective external communications.

Answered: 1 week ago