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Women at Work. In the article "Job Mobility and Wage Growth" (Monthly Labor Review. Vol. 128. No. 2, pp. 33-39).

A. Light examined data on employment and answered questions regarding why workers separate from their employers. According to the article, the standard deviation of the length of time that women with one job are employed during the first 8 years of their career is 92 weeks. Length of time employed during the first 8 years of a career is a left-skewed variable. For that variable, do the following tasks.

a. Determine the sampling distribution of the sample mean for simple random samples of 50 women with one job. Explain your reasoning.

b. Obtain the probability that the sampling error made in estimating the mean length of time employed by all women with one job by that of a random sample of 50 such women will be at most 20 weeks.

Short Answer

Expert verified

Part (a) For simple random samples of 50women, the sampling distribution of the sample mean is 13.01days

Part (b) The sample mean of samples of size 50 has a probability of sampling error of at most 20 weeks in 0.8757556 the population mean length of time employed by all women with one job.

Step by step solution

01

Part (a) Step 1: Given information

The standard deviation of the lengths of time women with one job worked over the last eight years is 92 weeks.

population S.D σ=92week

Let the population mean is μ weeks

02

Part (a) Step 2: Concept

population mean and standard deviation:μx~¯=μandσx~¯=σ/n.

03

Part (a) Step 3:Calculation

Sample size n=50

We can consider the sample size to be large because it is larger than 30

As a result of using the C1.T sample, the mean x¯follows a normal distribution with a meanμand S.D.

σx¯=σn=9250Days=13.01Days

04

Part (b) Step 1: Calculation

We have to find P(μ-20X¯μ+20)

Where X¯~Nμ,σX¯2

Where σX¯=σn=13.01days

P[μ-20X¯μ+20]=Pμ-20-μσX¯X¯-μσX¯μ+20-μσX¯=P-2013.01z2013.61,z=X¯-μσX¯~N(0,1)=P[-1.5372z1.5372]=Φ(1.5372)-Φ(-1.5372)=2Φ(1.5372)-1[Φ(-x)=1-Φ(x)]=0.8757556

As a result, the sample mean of samples of size 50 has a probability of sampling error of at most 20 weeks in 0.8757556 the population mean length of time employed by all women with one job.

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Most popular questions from this chapter

7.34 Refer to Exercise 7.4 on page 295.

a. Use your answers from Exercise 7.4(b) to determine the mean, μ5, of the variable x~ for each of the possible sample sizes.

b. For each of the possible sample sizes, determine the mean, μ5, of the variable x, using only your answer from Exercise 7.4(a).

Population data: 1,2,3

Part (a): Find the mean, μ,of the variable.

Part (b): For each of the possible sample sizes, construct a table similar to Table 7.2on the page 293and draw a dotplot for the sampling for the sampling distribution of the sample mean similar to Fig 7.1on page 293.

Part (c): Construct a graph similar to Fig 7.3and interpret your results.

Part (d): For each of the possible sample sizes, find the probability that the sample mean will equal the population mean.

Part (e): For each of the possible sample sizes, find the probability that the sampling error made in estimating the population mean by the sample mean will be 0.5or less, that is, that the absolute value of the difference between the sample mean and the population mean is at most 0.5.

According to The Earth: Structure, Composition and Evolution for earthquakes with a magnitude of 7.5 or greater on the Richter scale, the time between successive earthquakes has a mean of 437 days and a standard deviation of 399 days. Suppose that you observe a sample of four times between successive earthquakes that have a magnitude of7.5 or greater on Richter scale.

Part (a): On average, what would you expect to be the mean of the four times?

Part (b): How much variation would you expect from your answer in part (a)?

Although, in general, you cannot know the sampling distribution of the sample mean exactly, by what distribution can you often approximate it ?

7.54 Unbiased and Biased Estimators. A statistic is said to be an unbiased estimator of a parameter if the mean of all its possible values equals the parameter. otherwise, it is said to be a biased estimator. An unbiased estimator yields, on average, the correct value of the parameter, whereas a biased estimator does not.
a. Is the sample mean an unbiased estimator of the population mean? Explain your answer.
b. Is the sample median an unbiased estimator of the population median? (Hint: Refer to Example 7.2 on pages 292-293. Consider samples of size 2.)

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