The mean per capita consumption of milk per year is 126 liters with a standard deviation of 24 liters. If a sample of 100 people is randomly selected, what is the probability that the sample mean would be less than 122.27 liters? Round your answer to four decimal places.

0.0606 = 6.06% probability that the sample mean would be less than 122.27 liters

Step-by-step explanation:

To solve this question, we need to understand the normal probabiliy distribution and the central limit theorem.

Normal probability distribution

Problems of normally distributed samples are solved using the z-score formula.

In a set with mean and standard deviation , the zscore of a measure X is given by:

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem estabilishes that, for a normally distributed random variable X, with mean and standard deviation , the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean and standard deviation .

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

In this problem, we have that:

What is the probability that the sample mean would be less than 122.27 liters?

This is the pvalue of Z when X = 122.27. So

By the Central Limit Theorem

has a pvalue of 0.0606

0.0606 = 6.06% probability that the sample mean would be less than 122.27 liters

$9.89

step-by-step explanation:

9.90 = p x .06 x .25 (3/12 changed to a decimal)

9.90 = p x 0.015

9.90 - 0.015 = p

9.89 = p

he has now walked a total of what?

if i know what this is maybe i can

step-by-step explanation: