Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A leading magazine (like Barron's) reported at one time that the average number of weeks an individual is unemployed is 35 weeks. Assume that for

image text in transcribed
A leading magazine (like Barron's) reported at one time that the average number of weeks an individual is unemployed is 35 weeks. Assume that for the population of all unemployed individuals the population mean length of unemployment is 35 weeks and that the population standard deviation is 3.9 weeks. Suppose you would like to select a random sample of 83 unemployed individuals for a follow-up study. Find the probability that a single randomly selected value is greater than 34.5. P(X > 34.5) = (Enter your answers as numbers accurate to 4 decimal places.) Find the probability that a sample of size n = 83 is randomly selected with a mean greater than 34.5. P(M > 34.5) = (Enter your answers as numbers accurate to 4 decimal places.)

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

Matrix Theory And Applications With MATLAB

Authors: Darald J Hartfiel

1st Edition

1482285630, 9781482285635

More Books

Students also viewed these Mathematics questions

Question

1. Why do we trust one type of information more than another?

Answered: 1 week ago