Question
The requested probability for a group of35tax preparation customers to be within $16 of the population mean, $273, was determined to be P (257 x
The requested probability for a group of35tax preparation customers to be within $16 of the population mean, $273, was determined to beP(257x289).
The normal distribution will be used to find this probability, so the probability statement must be converted to the standard normal random variable,z.
The given mean will be used for, but the standard deviation will need to be modified since we are dealing with a sample mean, not a particular value ofx. Thus,zwill be found using the formula below which uses the sample meanx
and standard errorx.
z=x
x
=x
n
The mean is= 273
and the standard deviation was given to be= 100.
The size of the group is35customers,son=
.
Find thezvalue corresponding tox= 257,
rounding the result to two decimal places.
z=x
n
=257273
100
=
Find thezvalue corresponding tox= 289,
rounding the result to two decimal places.
z=x
n
=289273
100
=
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