Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

According to a 2018magazine, the average income in a state is $53,551. Suppose the standard deviation is $2,000 and the distribution of income isright-skewed. Repeated

According to a 2018magazine, the average income in a state is $53,551. Suppose the standard deviation is $2,000 and the distribution of income isright-skewed. Repeated random samples of 1,600 aretaken, and the sample mean income is calculated for each sample. Complete parts(a) through(c).

a. The population distribution isright-skewed. Will the distribution of sample means beNormal? Why or whynot?

b. Find and interpret az-score that corresponds with a sample mean of $53,401.

c. Would it be unusual to find a sample mean of $53,890? Why or whynot?

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

Basic College Mathematics With Early Integers

Authors: Marvin L Bittinger, Judith A Beecher

3rd Edition

0321922794, 9780321922793

More Books

Students also viewed these Mathematics questions