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Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 22PFA
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The average production cost for major movies is 57 million dollars and the standard
deviation is 23 million dollars. Assume the production cost distribution is normal.
Suppose that 50 randomly selected major movies are researched. Answer the
following questions. Give your answers in millions of dollars, not dollars. Round all
answers to 4 decimal places where possible.
a. What is the distribution of X? X ~ N(
b. What is the distribution of ? ¤ - N(
c. For a single randomly selected movie, find the probability that this movie's
production cost is between 53 and 59 million dollars.
d. For the group of 50 movies, find the probability that the average production cost
is between 53 and 59 million dollars.
For part d), is the assumption of normal necessary? O NoO Yes
e.
Transcribed Image Text:The average production cost for major movies is 57 million dollars and the standard deviation is 23 million dollars. Assume the production cost distribution is normal. Suppose that 50 randomly selected major movies are researched. Answer the following questions. Give your answers in millions of dollars, not dollars. Round all answers to 4 decimal places where possible. a. What is the distribution of X? X ~ N( b. What is the distribution of ? ¤ - N( c. For a single randomly selected movie, find the probability that this movie's production cost is between 53 and 59 million dollars. d. For the group of 50 movies, find the probability that the average production cost is between 53 and 59 million dollars. For part d), is the assumption of normal necessary? O NoO Yes e.
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