1 There is a provide an estimate of the population mean GMAT score that is within +/-10 of the actual population mean. percent chance that a simple random sample of 10 applicants will 2. There is a percent chance that a simple random sample of 30 applicants will provide an estimate of the population mean GMAT score that is within +/-10 of the actual population mean. • There is a percent chance that the sample mean will be higher than 600. percent chance that the sample mean will be between 580 There is a and 620. There is a percent chance that the sample mean will be at least 530. 3. There is a provide an estimate of the population mean GMAT score that is within +/-10 of the actual population mean. percent chance that a simple random sample of 100 applicants will

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 3CYU
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Exercises
A The UM Ross School of Business has 300 students who graduate with a bachelor's degree each
year. A random sample of students was selected, and their GMAT scores reported. Whether or
not they were seeking admission to a graduate business school in the next year was recorded.
Here is additional information that you may need to answer the questions.
Total GMAT Scores are normally distributed range from 200 to 800. The current average
combined GMAT score is 560, with a standard deviation of 100.
Among the Ross sample, the average GMAT score was 580, with a standard deviation of 85.
• In the population of students graduating from Ross, 72% seek admission to a graduate business
school in the next year.
Make sure to use the new concepts in this module. This exercise is different from the previous
standardized test exercises. It is using sample data.
1 There is a
percent chance that a simple random sample of 10 applicants will
provide an estimate of the population mean GMAT score that is within +/-10 of the
actual population mean.
2. There is a
percent chance that a simple random sample of 30 applicants will
provide an estimate of the population mean GMAT score that is within +/-10 of the
actual population mean.
There is a
percent chance that the sample mean will be higher than
600.
There is a
percent chance that the sample mean will be between 580
and 620.
There is a
percent chance that the sample mean will be at least 530.
percent chance that a simple random sample of 100 applicants will
3. There is a
provide an estimate of the population mean GMAT score that is within +/-10 of the
actual population mean.
4. There is a
percent chance that a simple random sample of 100 applicants will
provide an estimate of the population mean GMAT score that is within +/-20 of the
actual population mean.
Transcribed Image Text:Exercises A The UM Ross School of Business has 300 students who graduate with a bachelor's degree each year. A random sample of students was selected, and their GMAT scores reported. Whether or not they were seeking admission to a graduate business school in the next year was recorded. Here is additional information that you may need to answer the questions. Total GMAT Scores are normally distributed range from 200 to 800. The current average combined GMAT score is 560, with a standard deviation of 100. Among the Ross sample, the average GMAT score was 580, with a standard deviation of 85. • In the population of students graduating from Ross, 72% seek admission to a graduate business school in the next year. Make sure to use the new concepts in this module. This exercise is different from the previous standardized test exercises. It is using sample data. 1 There is a percent chance that a simple random sample of 10 applicants will provide an estimate of the population mean GMAT score that is within +/-10 of the actual population mean. 2. There is a percent chance that a simple random sample of 30 applicants will provide an estimate of the population mean GMAT score that is within +/-10 of the actual population mean. There is a percent chance that the sample mean will be higher than 600. There is a percent chance that the sample mean will be between 580 and 620. There is a percent chance that the sample mean will be at least 530. percent chance that a simple random sample of 100 applicants will 3. There is a provide an estimate of the population mean GMAT score that is within +/-10 of the actual population mean. 4. There is a percent chance that a simple random sample of 100 applicants will provide an estimate of the population mean GMAT score that is within +/-20 of the actual population mean.
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