Question
A random sample of 16 students in the School of Economics and Finance was taken to estimate average daily commuting time for all the students.
A random sample of 16 students in the School of Economics and Finance was taken to estimate average daily commuting time for all the students. Suppose that the population times have a normal distribution with a mean of 87 minutes and a standard deviation of 22 minutes.
a) Find the probability that the average daily commuting time is fewer than 100 minutes. Also, find the probability that it is outside the range of 85 to 95 minutes.
b) Suppose that a second independent random sample of 50 students is taken. Without doing the calculations, explain whether the probabilities in part (a) would be higher, lower, or the same for the second sample. Justify your answer
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started