Barron’s reported that the average number of weeks an individual is unemployed is 17.5weeks (Barron’s, February 18, XXXXXXXXXXAssume that for the population of all unemployedindividuals the...

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Barron’s reported that the average number of weeks an individual is unemployed is 17.5 weeks (Barron’s, February 18, 2008). Assume that for the population of all unemployed individuals the population mean length of unemployment is 17.5 weeks and that the population standard deviation is 4 weeks. Suppose you would like to select a random sample of 50 unemployed individuals for a follow-up study. a. Show the sampling distribution of , the sample mean average for a sample of 50 unemployed individuals. b. What is the probability that a simple random sample of 50 unemployed individuals will provide a sample mean within 1 week of the population mean? c. What is the probability that a simple random sample of 50 unemployed individuals will provide a sample mean within 1/2 week of the population mean?

Answered Same DayDec 20, 2021

Answer To: Barron’s reported that the average number of weeks an individual is unemployed is 17.5weeks...

David answered on Dec 20 2021
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Barron’s reported that the average number of weeks an individual is unemployed is 17.5 weeks (Barron’s, February 18,##########Assume that for the population of all unemployed individuals the population mean length of unemployment is 17.5 weeks and that the population standard deviation is 4 weeks. Suppose you would like to select a random sample of 50 unemployed individuals for a follow-up study. a. Show the sampling distribution of , the sample mean average for a sample of 50 unemployed...
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