Chapter 5: Q55SE (page 295)
:A random sample of n = 68 observations is selected from a population withand Approximate each of the following probabilities
a)
b)
c)
d)
Short Answer
a)
b)
c)
d)
Chapter 5: Q55SE (page 295)
:A random sample of n = 68 observations is selected from a population withand Approximate each of the following probabilities
a)
b)
c)
d)
a)
b)
c)
d)
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Get started for freeLength of job tenure. Researchers at the Terry College ofBusiness at the University of Georgia sampled 344 business students and asked them this question: “Over the course of your lifetime, what is the maximum number of years you expect to work for any one employer?” The sample resulted in x= 19.1 years. Assume that the sample of students was randomly selected from the 6,000 undergraduate students atthe Terry College and that = 6 years.
Suppose xequals the number of heads observed when asingle coin is tossed; that is, x= 0 or x= 1. The population corresponding to xis the set of 0s and 1s generated when thecoin is tossed repeatedly a large number of times. Supposewe select n= 2 observations from this population. (That is,we toss the coin twice and observe two values of x.)
Purchasing decision. A building contractor has decided to purchase a load of the factory-reject aluminum siding as long as the average number of flaws per piece of siding in a sample of size 35 from the factory's reject pile is 2.1 or less. If it is known that the number of flaws per piece of siding in the factory's reject pile has a Poisson probability distribution with a mean of 2.5, find the approximate probability that the contractor will not purchase a load of siding
Consider the following probability distribution:
a. Find.
b. For a random sample of n = 3 observations from this distribution, find the sampling distribution of the sample mean.
c. Find the sampling distribution of the median of a sample of n = 3 observations from this population.
d. Refer to parts b and c, and show that both the mean and median are unbiased estimators offor this population.
e. Find the variances of the sampling distributions of the sample mean and the sample median.
f. Which estimator would you use to estimate? Why?
Refer to Exercise 5.3.
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