A what is the probability that the sample mean will be


A population has a mean of 400 and a standard deviation of 80. Suppose a sample of size 125 is selected and (x-bar) is used to estimate (mu).

a. What is the probability that the sample mean will be within +/- 8 of the population mean (to 4 decimals)?

b. What is the probability that the sample mean will be within +/- 13 of the population mean (to 4 decimals)?

Solution Preview :

Prepared by a verified Expert
Finance Basics: A what is the probability that the sample mean will be
Reference No:- TGS01632576

Now Priced at $20 (50% Discount)

Recommended (94%)

Rated (4.6/5)