$2.30, and for femäle gn What is the probability that a sample of 50 male graduates will provide a sample mean within $.50 of the population mean, $21.682 G 1 What is the probability that a sample of 50 female graduates will provide a sample mean within $.50 of the population mean, $18.80? 39145 In which of the preceding two cases, part (a) or part (b), do we have a higher prob- ability of obtaining a sample estimate within $.50 of the population mean? Why?6/ c.

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What is the aUVanage of a Targer sampe SIZA WHCH aempng to
lation mean?
The Economic Policy Institute periodically issues reports on wages of entry level workers.
27
The institute reported that entry level wages for male college graduates were $21.68 per
hour and for female college graduates were $18.80 per hour in 2011 (Economic Policy
Transcribed Image Text:What is the aUVanage of a Targer sampe SIZA WHCH aempng to lation mean? The Economic Policy Institute periodically issues reports on wages of entry level workers. 27 The institute reported that entry level wages for male college graduates were $21.68 per hour and for female college graduates were $18.80 per hour in 2011 (Economic Policy
Chapter 7 Sampling and Sampling Distributions
Institute website, March 30, 2012). Assume the standard deviation for male graduates is
* $2.30, and for female graduates it is $2.05.
What is the probability that a sample of 50 male graduates will provide a sample mean
within $.50 of the population mean, $21.68? G
What is the probability that a sample of 50 female graduates will provide a sample
mean within $.50 of the population mean, $18.80? 4
In which of the preceding two cases, part (a) or part (b), do we have a higher prob-
ability of obtaining a sample estimate within $.50 of the population mean? Why?6/ n
d. What is the probability that a sample of 120 female graduates will provide a sample
mean more than $.30 below the population mean?
a.
FO. 33
b.
с.
state of
Transcribed Image Text:Chapter 7 Sampling and Sampling Distributions Institute website, March 30, 2012). Assume the standard deviation for male graduates is * $2.30, and for female graduates it is $2.05. What is the probability that a sample of 50 male graduates will provide a sample mean within $.50 of the population mean, $21.68? G What is the probability that a sample of 50 female graduates will provide a sample mean within $.50 of the population mean, $18.80? 4 In which of the preceding two cases, part (a) or part (b), do we have a higher prob- ability of obtaining a sample estimate within $.50 of the population mean? Why?6/ n d. What is the probability that a sample of 120 female graduates will provide a sample mean more than $.30 below the population mean? a. FO. 33 b. с. state of
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