FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Assume that for the population of all unemployed individuals the population mean length of unemployment is 32 weeks and that the population standard deviation is

Assume that for the population of all unemployed individuals the population mean length of unemployment is 32 weeks and that the population standard deviation is 2.1 weeks. Suppose you would like to select a random sample of 100 unemployed individuals for a follow-up study.

Find the probability that the mean of this sample of size is more than 32.3.

Round your answer to at least three decimals.

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

Calculus With Vectors

Calculus With Vectors

Authors: Jay S Treiman

1st Edition

3319094386, 9783319094380

More Books

Students also viewed these Mathematics questions

Question

★★★★★
Use the entire panel data set in AIRFARE.RAW for this exercise. The demand equation in a simultaneous equations unobserved effects model is Log(passenit) = it + 1 log(fareit) + ait + uit, where we...

Answered: 1 week ago

Question

★★★★★
Use the Integral Test to determine the convergence or divergence of the following series, or state that the conditions of the test are not satisfied and, therefore, the test does not apply. Data from...

Answered: 1 week ago

Question

★★★★★
What does it mean when the explanatory variables are collinear?

Answered: 1 week ago

Question

★★★★★
Based on past experience, Leickner Company expects to purchase raw materials from a foreign supplier at a cost of 1,000,000 marks on March 15, 2012. To hedge this forecasted transaction, the company...

Answered: 1 week ago

Question

★★★★★
The treasurer of a Dutch company operating in Thailand considers a one-year bank loan of $350,000 (US) with an interest rate of 8.885% (dollar based). The current spot rate is B42.84/$ and a local...

Answered: 1 week ago

Question

★★★★★
Raugust-Mathwig, Inc., a corporation, was the sole general partner of a limited partnership. Calvin Raugust was the major shareholder of this corporation. The three limited partners were Cal-Lee...

Answered: 1 week ago

Question

★★★★★
solve question 18 by using information below (will give thumbs up) 18. Were there any changes to the company's dividend policy that took place in either of the fiscal years in the annual report? If...

Answered: 1 week ago

Question

★★★★★
Reynold's division is migrating to a new collaboration site. To successfully implement the change, he must ensure that his team's files are migrated properly, and that his team is properly trained on...

Answered: 1 week ago

Question

★★★★★
60. Marlon, married on June 5, 2016 died on April 29, 2018 with the following data: Gross estate conjugal, P3,000,000; exclusive, P2,000,000. Said amount includes a land which he received as wedding...

Answered: 1 week ago

Question

★★★★★
You bought one of BB Co.'s 10% coupon bonds one year ago for $1100. These bonds make annual payments, have a face value of $1000 each, and mature seven years from now. Suppose you decide to sell your...

Answered: 1 week ago

Question

★★★★★
Each of the following secondary authorities specifically discusses an intoxicated party's ability to form a contract. Retrieve and review each source by typing or copying the citation into the search...

Answered: 1 week ago

Question

★★★★★
On July 1, 20x0, Ran County issued realty tax assessments for its fiscal year ended June 30, 20x1. On September 1, 20x0, Day Co. purchased a warehouse in Ran County. The purchase price was reduced by...

Answered: 1 week ago

Question

★★★★★
Thinking about an ABA clinic there are going to be situations in which a manager, supervisor, peer, etc. sees an unsafe situation and must act to remedy the situation. But relying solely on this type...

Answered: 1 week ago

Question

★★★★★
The permanence rule: We tend to have more confidence in information that is of a more permanent nature than information that is of a temporary nature.

Answered: 1 week ago

Question

★★★★★
The official stamp rule: We tend to have more confidence in information that is exempt from the Freedom of Information Act than if the same information was made readily available.

Answered: 1 week ago

Question

★★★★★
4. Based on a message you have recently received, analyse it in relation to its three components: a. the information component, b. its relational component and c. its hierarchical component.

Answered: 1 week ago

Previous Question Next Question