In the EAI sampling problem, the population mean is $71,100 and the population standard deviation is $5000. For n = 30, there is a 0.4908 probability of obtaining a sample mean within +$600 of the...


In the EAI sampling problem, the population mean is $71100 and the population standard deviation is $5000. For n=30, there is a .4908 probability of obtaining a sample mean within plus or minus 600 of the population mean.


In the EAI sampling problem, the population mean is $71,100 and the population standard deviation is $5000. For n = 30, there is a 0.4908 probability of obtaining a<br>sample mean within +$600 of the population mean. Use z-table.<br>a. What is the probability that T is within $600 of the population mean if a sample of size 60 is used (to 4 decimals)?<br>b. Answer part (a) for a sample of size 120 (to 4 decimals).<br>

Extracted text: In the EAI sampling problem, the population mean is $71,100 and the population standard deviation is $5000. For n = 30, there is a 0.4908 probability of obtaining a sample mean within +$600 of the population mean. Use z-table. a. What is the probability that T is within $600 of the population mean if a sample of size 60 is used (to 4 decimals)? b. Answer part (a) for a sample of size 120 (to 4 decimals).

Jun 11, 2022
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