Question
Barron's reported that the average number of weeks an individual is unemployed is 17.5 weeks. Assume that for the population of all unemployed individuals the
Barron's reported that the average number of weeks an individual is unemployed is 17.5 weeks. Assume that for the population of all unemployed individuals the population mean length of unemployment is 17.5 weeks and that the population standard deviation is 3 weeks. Suppose you would like to select a random sample of unemployed individuals for a follow-up study. Use z-table. a. Show the sampling distribution of 55, the sample mean average for a sample of unemployed individuals. (to 4 decimal) - b. What is the probability that a simple random sample of unemployed individuals will provide a sample mean within week of the population mean? (to 4 decimals) c. What is the probability that a simple random sample of unemployed individuals will provide a sample mean within week of the population mean? (to 4 decimals)
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