Original x distribution is normal

Assignment Help Business Management
Reference no: EM131235761

a) Suppose x has a distribution with μ = 63 and σ = 15. If random samples of size n = 16 are selected, can we say anything about the x distribution of sample means? (choose one answer)

Yes, the x distribution is normal with mean μ x = 63 and σ x = 0.9.Yes, the x distribution is normal with mean μ x = 63 and σ x = 3.75.No, the sample size is too small.Yes, the x distribution is normal with mean μ x = 63 and σ x = 15.

(b) If the original x distribution is normal, can we say anything about the x distribution of random samples of size 16? (choose one answer)
Yes, the x distribution is normal with mean μ x = 63 and σ x = 0.9.No, the sample size is too small.Yes, the x distribution is normal with mean μ x = 63 and σ x = 15.Yes, the x distribution is normal with mean μ x = 63 and σ x = 3.75.

Find P(59 ≤x≤ 64). (Round your answer to four decimal places.)

Reference no: EM131235761

Questions Cloud

Do you feel optimistic or pessimistic about the economy : After reading and studying the material in the textbook in chapters: 5, 6, & 7 explain how you think the economy is performing at the present time. What evidence or data did you use to support your assessment? Do you feel optimistic or pessimistic ab..
Describe two pros and two cons of vaccines : Vaccinations are mandatory for most babies and school-aged children as they build the body's immune response. Describe two pros and two cons of vaccines.
What arbitrage opportunities does this create : The index is standing at 400, and the futures price for a contract deliverable in four months is 405. What arbitrage opportunities does this create?
Suppose perfect competition prevails in the market : Suppose perfect competition prevails in the market for hotel rooms. The current market equilibrium price of a standard hotel room is $100 per night. Suppose a $10 per night tax is levied on hotel occupancy. Show how this tax will prevent the market f..
Original x distribution is normal : If the original x distribution is normal, can we say anything about the x distribution of random samples of size 16? (choose one answer) Yes, the x distribution is normal with mean μ x = 63 and σ x = 0.9.No, the sample size is too small.Yes, the x..
What arbitrage opportunities does this create : The spot price of the Swiss franc is $0.8000.  The futures price for a contract deliverable in 2 months is $0.8100. What arbitrage opportunities does this create?
Which programs should be chosen for i/o optimization : Which programs should be used to analyze a new terminal concentrator?
Calculate futures price of silver for delivery in 9 months : Assuming that interest rates are 10% per annum for all maturities, calculate the futures price of silver for delivery in 9 months.

Reviews

Write a Review

Business Management Questions & Answers

  Classical model of decision-making

What are the assumptions that underlie the classical model of decision-making and explain how this model would help to explain the behavior of a manager.

  Customer relations - technologies

You don't need to go into great detail about any of these activities, but the more you can sketch out, the more complete your understanding of the effects of CRM on your company will be.

  Secure a better table at a restaurant bribery

Is tipping to secure a better table at a restaurant bribery - How is your response to this consistent with the moral philosophy of Utilitarianism/Utility?

  Calculate the quick ratio and net working capital of firm

Calculate the current ratio, quick ratio, and net working capital of the firm. What is your opinion about the ratios and cash on hand? Why?

  Difference between scale and proportion

1) Discuss the difference between scale and proportion. Cite examples for each.

  Illustrate what is the maximum number of cars per hour

The city of New Berlin is considering making several of its streets one- way. Illustrate what is the maximum number of cars per hour that can travel from east to west?

  Compare these systems and their uses at respective

Write a paper in which you address the following . Select one company that uses a CRM system and one that uses a knowledge management system . Compare these systems and their uses at their respective companies

  Federal government to balance its budget

Would a constitutional amendment that would require the federal government to balance its budget (incur no deficits) be desirable? Explain.

  Explain formal presentations are always much longer

Explain formal presentations are always much longer and formal presentations are often delivered from a stage or platform.

  How is intellectual property handled in this open source

How is intellectual property handled in this open source day and age? What makes something open source versus copyrighted, and how can you tell the difference?

  Forecasting exchange rates and risks associated with transac

Forecasting Exchange Rates and Risks Associated with Transaction and Translation Exposure" Please respond to the following: From the first e-Activity, determine whether or not the Big Mac Index supports the theory of PPP. Analyze the essential manner..

  Key performance parameter1 explain the difference between a

key performance parameter1 explain the difference between a key performance parameter and a net-ready key performance

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