What is the probability of the sample mean


Solve the following:

The amount of time a bank teller spends with each customer has a population mean = 3.1 minutes and population standard deviation = 0.4 minute.

a) What is the probability that for a randomly selected customer the service time would exceed 3 minutes?

b) If many samples of 64 were selected, what are mean and standard error of the mean (standard deviation of sample means) expected to be? What is expected to be the shape of the distribution of sample means? Give reasons for all your answers.

c) If a random sample of 64 customers is selected, what is the probability that the sample mean would exceed 3 minutes?

Solution Preview :

Prepared by a verified Expert
Basic Statistics: What is the probability of the sample mean
Reference No:- TGS01901539

Now Priced at $20 (50% Discount)

Recommended (97%)

Rated (4.9/5)