What is the probability that an average christmas spending

Assignment Help Basic Statistics
Reference no: EM13615365

An average american family spends 927 dollars on christmas gifts with Standard Deviation of 200.

What is the probability that an average christmas spending for a sample of 500 families differs from the average by less than 15 dollars? (assume normal distribution)

Reference no: EM13615365

Questions Cloud

An electron is traveling horizontally toward the north in a : an electron is traveling horizontally toward the north in a uniform magnetic field that is directed vertically
A batter hits a baseball 225 ft above the ground towards : a batter hits a baseball 2.25 ft above the ground towards 3rd base. if the ball takes 0.65 s to get to the 3rd baseman
Use the binomial table to find the numerical value of alpha : a two-stage clinical trial is planned for for testing h0 p0.10 versus ha pgt0.10 where p is the proportion of
When we use the digital multi-meter dmm to measure the : when we use the digital multi-meter dmm to measure the resistance a current is sent through the component we are trying
What is the probability that an average christmas spending : an average american family spends 927 dollars on christmas gifts with standard deviation of 200.what is the probability
In order to justify the price marketing wants the wax need : in order to justify the price marketing wants the wax need to be very fast. specifically the mean time to finish their
Verify that it is reasonable to use the t-distribution to : a certain species of tree has an average life span of 130 ears. a researcher has notice a large number of trees of this
Construct a 95 confidence interval for the mean gas price : on august 82012 the national average price for a gallon of regular unleaded gasoline was 3.63. the prices for a random
Test at the 10 level if there is evidence that the : gallop a national polling organization surveyed 1018 randomly selectd american adults about their level of education

Reviews

Write a Review

Basic Statistics Questions & Answers

  What is the r-squared value

If the sum of squares total is 800 and the sum of squares error is 170. What is the r-squared value?

  Determining probabilty with standard deviation

A loan application is received this morning. What is the probability that:

  Find resulting data to limit uncertainty-business decision

The appropriate probability concepts and your application of them to find resulting data to limit the uncertainty within this business decision.

  Confidently reject the same null hypothesis

How many free throws must the second player make in a row in order to confidently reject the same null hypothesis? Use the 95% level of confidence for both players.

  Probability that one member of married couple will vote

Is 0.21, the probability that his wife will vote in the referendum is0.28, and the probability that both the husband and wife will voteis 0.15. What is the probability that: at least one member of a married couple will vote?

  Find the contribution margin per haircut with the barbers

find the contribution margin per haircut. with the barbers compensation at a fixed cost what are the totals?find the

  Joint probability density function

The random variables, X and Y, have a probability density function given by: By transformation of variables, find the probability density function of Z=X+Y.

  Random sample of bearings

Assume that each shipment contains a random sample of bearings. a. What is the probability that a given shipment is acceptable?

  Behavioral therapy for their depression

In the following study, participants were randomly assigned to receive humanistic therapy, psychodynamic therapy, or behavioral therapy for their depression.

  Standard error of mean-confidence interval

Use the information given to calculate the standard error of the mean. Mean systolic blood pressure for a sample of n=324 men is =123.5, and the standard deviation is s=9.

  Probability that particular home will cost between range

The average price for a new home in a certain neighborhood is $275,000 with a standard deviation of $20,000. What is the probability that a particular home will cost between $280,000 and $300,000?

  One of the requirements of a probability distribution is

one of the requirements of a probability distribution is that the sum of the probabilities must be 1 with a small

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