tudents of a large university spend an average of $5 a day on lunch. The standard deviation of the expenditure is $3. A simple random sample of 36 students is taken. 1. What are the expected value, standard deviation, and shape of the sampling distribution of the sample mean? 2. What is the probability that the sample mean will be at least $4? 3. What is the probability that the sample mean wi

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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Students of a large university spend an average of $5 a day on lunch. The standard deviation of the expenditure is $3. A simple random sample of 36 students is taken.

1. What are the expected value, standard deviation, and shape of the sampling distribution of the sample mean?

2. What is the probability that the sample mean will be at least $4?

3. What is the probability that the sample mean will be at least $5.90?

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