Mathematics, 21.01.2021 14:00 mollyallen116365

A population of plastic chairs in a factory has a weight's mean of 1.5 kg and a standard deviation of 0.1 kg . Suppose a sample of size 100 is selected and X is used to estimate u . What is the probability that the sample mean will be within +0.02 of the population mean ?

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Answer from: Justtrynapassclass

0.9544 = 95.44% probability that the sample mean will be within +0.02 of the population mean.

Step-by-step explanation:

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

Normal probability distribution

When the distribution is normal, we use the z-score formula.

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

$Z = \frac{X - \mu}{\sigma}$

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 $\mu$ and standard deviation $\sigma$ , the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean $\mu$ and standard deviation $s = \frac{\sigma}{\sqrt{n}}$ .

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

In this question, we have that:

$\mu = 1.5, \sigma = 0.1, n = 100, s = \frac{0.1}{\sqrt{100}} = 0.01$

What is the probability that the sample mean will be within +0.02 of the population mean?

Sample mean between 1.5 - 0.02 = 1.48 kg and 1.5 + 0.02 = 1.52 kg, which is the pvalue of Z when X = 1.52 subtracted by the pvalue of Z when X = 1.48. So

X = 1.52

$Z = \frac{X - \mu}{\sigma}$

By the Central Limit Theorem

$Z = \frac{X - \mu}{s}$

$Z = \frac{1.52 - 1.5}{0.01}$

Z = 2

Z = 2 has a pvalue of 0.9772

X = 1.48

$Z = \frac{X - \mu}{s}$

$Z = \frac{1.48 - 1.5}{0.01}$

Z = -2

Z = -2 has a pvalue of 0.0228

0.9772 - 0.0228 = 0.9544

0.9544 = 95.44% probability that the sample mean will be within +0.02 of the population mean.

Answer from: Quest

typically if you want , you would actually put questions here for us to you. but hey, that's just me. maybe someone will magically answer the questions for you without knowing what they are.

Answer from: Quest

the revenue of the fitness center, y, is the product of two factors: the number of members and the fee paid by each member. there are 320 members now, but number of members goes down by 10 for each $5 increase in fees, so if x is the number of $5 price increases then members is equal to (320 - 10x). since the fee is currently $45, and the fee increases by $5 for every price bump x, the fee is given by (45 + 5x). so, revenue y is given by y = (320 - 10x)(45 + 5x).

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A population of plastic chairs in a factory has a weight's mean of 1.5 kg and a standard deviation o...