Question
You may need to use the appropriate appendix table or technology to answer this question. Barron's reported that the average number of weeks an individual
You may need to use the appropriate appendix table or technology to answer this question.
Barron's reported that the average number of weeks an individual is unemployed is 18.5 weeks. Assume that for the population of all unemployed individuals the population mean length of unemployment is 18.5 weeks and that the population standard deviation is 5 weeks. Suppose you would like to select a sample of 45 unemployed individuals for a follow-up study.
What is the probability that a simple random sample of 45 unemployed individuals will provide a sample mean within 1 week of the population mean? (Round your answer to four decimal places.)
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What is the probability that a simple random sample of 45 unemployed individuals will provide a sample mean within 1/2
of the population mean? (Round your answer to four decimal places.)
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