Find the mean of the sampling distribution for x

Assignment Help Basic Statistics
Reference no: EM132851389

According to the website RentJungle.com, the average price of a one-bedroom apartment in Portland is $1350 per month with a standard deviation of $200. A small sample of 35 random apartments gave a sample mean cost of $1420. Use the information to answer the following questions.

a.) Find the mean of the sampling distribution for X.

b.) Find the standard deviation of the sampling distribution for X.

c.) Find the probability that the sample mean cost of 35 apartments cost less than $1420.

d.) Find the probability that the sample mean cost of 35 apartments cost more than $1420.

Reference no: EM132851389

Questions Cloud

Find percentage of regular grade gasoline sells : Suppose that mean retail price per gallon of regular grade gasoline is 3.43 with a standard deviation of .10 and that the retail price per gallon has a bell-sha
Discuss the statement and choose one nursing theory : Discuss the statement and choose one nursing theory. Describe the main theory theme, goal and concepts. List in which health care department can be applied.
Determine average delivery times have improved : Assume a level of significance of 5%. Label all your steps. And also calculate a 95% confidence interval for mean pizza delivery times
Illustrate the impact that barriers to healthcare access : Illustrate the impact that barriers to healthcare access and challenges to improve health outcomes have on community and public health.
Find the mean of the sampling distribution for x : According to the website RentJungle.com, the average price of a one-bedroom apartment in Portland is $1350 per month with a standard deviation of $200.
Discuss public health challenges to improving health : Examine information technology systems used to identify, communicateconcerns of the community. Discuss public health challenges to improving health?
What is the strategy followed in managing the account : What is the strategy followed in managing the account? (IS Researchers) - When managing an account Design a template for a social networking account management
Calculate the expected value of the return : Calculate the expected value of the return on the investor's portfolio.
How inflation is measured using consumer price index : Describe?the formula(s) used to determine the unemployment rate. Describe how inflation is measured using the Consumer Price Index (CPI).

Reviews

Write a Review

Basic Statistics Questions & Answers

  Statistics-probability assignment

MATH1550H: Assignment:  Question:  A word is selected at random from the following poem of Persian poet and mathematician Omar Khayyam (1048-1131), translated by English poet Edward Fitzgerald (1808-1883). Find the expected value of the length of th..

  What is the least number

MATH1550H: Assignment:  Question:     what is the least number of applicants that should be interviewed so as to have at least 50% chance of finding one such secretary?

  Determine the value of k

MATH1550H: Assignment:  Question:     Experience shows that X, the number of customers entering a post office during any period of time t, is a random variable the probability mass function of which is of the form

  What is the probability

MATH1550H: Assignment:Questions: (Genetics) What is the probability that at most two of the offspring are aa?

  Binomial distributions

MATH1550H: Assignment:  Questions:  Let’s assume the department of Mathematics of Trent University has 11 faculty members. For i = 0; 1; 2; 3; find pi, the probability that i of them were born on Canada Day using the binomial distributions.

  Caselet on mcdonald’s vs. burger king - waiting time

Caselet on McDonald’s vs. Burger King - Waiting time

  Generate descriptive statistics

Generate descriptive statistics. Create a stem-and-leaf plot of the data and box plot of the data.

  Sampling variability and standard error

Problems on Sampling Variability and Standard Error and Confidence Intervals

  Estimate the population mean

Estimate the population mean

  Conduct a marketing experiment

Conduct a marketing experiment in which students are to taste one of two different brands of soft drink

  Find out the probability

Find out the probability

  Linear programming models

LINEAR PROGRAMMING MODELS

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd