he average annual salary for government employees in Manila is Php 125,000. Assume that the population standard deviation is ?=?ℎ?15,000. Suppose that a random sample of 55 government employees will be selected from the population. a.What is the value of the standard error of the mean? b.Using the answer from (a) What is the probability that the sample mean will be more than Php 125,000? c.Using the answer from (b) What is the probability the sample mean will be within Php5000 of the population mean? d.How would the probability in part (c) change if the sample size were increased to 100
he average annual salary for government employees in Manila is Php 125,000. Assume that the population standard deviation is ?=?ℎ?15,000. Suppose that a random sample of 55 government employees will be selected from the population. a.What is the value of the standard error of the mean? b.Using the answer from (a) What is the probability that the sample mean will be more than Php 125,000? c.Using the answer from (b) What is the probability the sample mean will be within Php5000 of the population mean? d.How would the probability in part (c) change if the sample size were increased to 100
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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The average annual salary for government employees in Manila is Php 125,000. Assume that the population standard deviation is ?=?ℎ?15,000. Suppose that a random sample of 55 government employees will be selected from the population.
a.What is the value of the standard error of the
b.Using the answer from (a) What is the
c.Using the answer from (b) What is the probability the sample mean will be within Php5000 of the population mean?
d.How would the probability in part (c) change if the
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