Question
leading magazine like Barron s reported at one time that the average number of weeks an individual is unemployed is 24 weeks Assume that for
leading magazine like Barron s reported at one time that the average number of weeks an individual is unemployed is 24 weeks Assume that for the population of all unemployed individuals the length of unemployment is normally distributed where the population mean length of unemployment is 24 weeks and that the population standard deviation is 6 weeks Suppose you would like to select a random sample of 38 unemployed individuals for a follow up study Find the probability that a single randomly selected value is less than 25 P X 25 Find the probability that a sample of size n 38 is randomly selected with a mean less than 25 P M 25 Enter your answers as numbers accurate to 4 decimal places
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