The data in the table represent the wealth, in billions of dollars, of six people. Use the data to answer questions (a) through (e). (Assume that sampling is without replacement.) ... d. For a random sample of size 5, what is the chance that the sample mean will equal the population mean? A The probability is (Round to three decimal places as needed. Use the answers from part (a) and part (b) to find this answer.) 19 22 D 29 22 21 20 e. For a random sample of size 5, determine the probability that the mean wealth of the five people obtained will be within 1 ($1 billion) of the population mean.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.4: Collecting Data
Problem 1E
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The data in the table represent the wealth, in billions of dollars, of six people. Use the data to answer questions (a) through
(e).
(Assume that sampling is without replacement.)
GELEID
19
29 22
21 20
22 D
The probability is
(Round to three decimal places as needed. Use the answers from part (a) and part (b) to find this answer.)
(Round to three decimal places as needed. Use the answers from part (a) and part (b) to find this answer.)
e. For a random sample of size 5, determine the probability that the mean wealth of the five people obtained will be within 1 ($1 billion) of the
population mean.
Transcribed Image Text:The data in the table represent the wealth, in billions of dollars, of six people. Use the data to answer questions (a) through (e). (Assume that sampling is without replacement.) GELEID 19 29 22 21 20 22 D The probability is (Round to three decimal places as needed. Use the answers from part (a) and part (b) to find this answer.) (Round to three decimal places as needed. Use the answers from part (a) and part (b) to find this answer.) e. For a random sample of size 5, determine the probability that the mean wealth of the five people obtained will be within 1 ($1 billion) of the population mean.
The data in the table represent the wealth, in billions of dollars, of six people. Use the data to answer questions (a) through
(e).
(Assume that sampling is without replacement.)
d. For a random sample of size 5, what is the chance that the sample mean will equal the population mean?
A
The probability is
(Round to three decimal places as needed. Use the answers from part (a) and part (b) to find this answer.)
19 22
29 22
21 20
e. For a random sample of size 5, determine the probability that the mean wealth of the five people obtained will be within 1 ($1 billion) of the
population mean.
Transcribed Image Text:The data in the table represent the wealth, in billions of dollars, of six people. Use the data to answer questions (a) through (e). (Assume that sampling is without replacement.) d. For a random sample of size 5, what is the chance that the sample mean will equal the population mean? A The probability is (Round to three decimal places as needed. Use the answers from part (a) and part (b) to find this answer.) 19 22 29 22 21 20 e. For a random sample of size 5, determine the probability that the mean wealth of the five people obtained will be within 1 ($1 billion) of the population mean.
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