Answered step by step
Verified Expert Solution
Question
1 Approved Answer
I need help with part D I have a TI 84 calculator According to the Internal Revenue Service, the average length of time for an
I need help with part D
I have a TI 84 calculator
According to the Internal Revenue Service, the average length of time for an individual to complete (keep records for, learn, prepare, copy, assemble, and send) IRS Form 1040 is10.67hours(without any attached schedules). The distribution is unknown. Let us assume that the standard deviation istwohours.Suppose we randomly sample36 taxpayers.
- Part (a)
- In words, define the random variableX.
- the length of time, in hours, for an individual to complete IRS Form 1040
- the number of taxpayers sampled
- the length of time, in minutes, for an individual to complete IRS Form 1040
- the number of individuals who complete IRS Form 1040
- Part (b)
- In words, define the random variableX.
- the average length of time, in hours, for a sample of 36 taxpayers to complete IRS Form 1040
- the average length of time, in minutes, for a sample of 36 taxpayers to complete IRS Form 1040
- the average length of time, in hours, for a sample of 100 taxpayers to complete IRS Form 1040
- the average income of a random sample of taxpayers
- Part (c)
- Give the distribution ofX.
- (Round your answers to two decimal places.)
- X~
- ?
- G
- N
- B
- P
- U
- ,
- Part (d)
- Find the probability that the 36 taxpayers took an average of more than 12 hours to finish their Form 1040s. (Round your answer to four decimal places.)
- Part (e)
- Would you be surprised if the 36 taxpayers finished their Form 1040s in an average of more than 12 hours? Explain why or why not in a complete sentence.
- No, because the probability is very close to 1.
- Yes, because the probability is very close to 0.
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