What is the probability that the mean is above 51.1

Reference no: EM1316594

Probability using normal distribution.

Sampling distributions. Given a normal distribution with μ = 50 and standard deviation σ = 9, if a sample of n = 100 is selected.

What is the probability that the mean is above 51.1?

Reference no: EM1316594

Questions Cloud

The probability that the freshman selected at random : Among 500 freshmen pursuing a business degree at a university, 347 are enrolled in an economics course, 204 are enrolled in a mathematics course, and 160 are enrolled in both an economics and a mathematics course.

Illustrate what was the lowest score earned on the exam : Illustrate what was the lowest score earned on the exam. Explain how many students scored within 3 standard deviations of the mean.

Find probability with the cards : An experiment consists of selecting a card at random from a 52-card deck. Refer to this experiment and find the probability of the event.

Describe portfolio management : Describe Portfolio Management and Write a brief outline covering the core idea in the Markowitz

What is the probability that the mean is above 51.1 : Probability using normal distribution.Sampling distributions. Given a normal distribution with μ = 50 and standard deviation σ = 9, if a sample of n = 100 is selected.

Find the shaded area : Four congruent quarters circle are drawn inside square of side length four centimeters f ind the shaded area

Findout the percentage of data among standard deviation : For a standard normal distribution, findout the percentage of data that are among 3 standard deviation below the mean also1 standard deviation above the mean.

Calculation of portfolio return and variance : Calculation of portfolio return and variance and standard deviation Use the Solver function in Excel to suggest different combinations of equity that will either provide the same return for less risk

Probability based on normal distribution : Probability based on normal distribution. Suppose among X has a normal distribution, and find the indicated probability.

User Account

All Pages