Business Weekly conducted a survey of graduates from 30 top MBA programs. On the basis of the survey, assume the mean annual salary for graduates 10 years after graduation is 152000 dollars. Assume the standard deviation is 36000 dollars. Suppose you take a simple random sample of 97 graduates. Find the probability that a single randomly selected salary that doesn't exceed 157000 dollars. Answer = Find the probability that a sample of size n=97n=97 is randomly selected with a mean that that doesn't exceed 157000 dollars. Answer =
Business Weekly conducted a survey of graduates from 30 top MBA programs. On the basis of the survey, assume the mean annual salary for graduates 10 years after graduation is 152000 dollars. Assume the standard deviation is 36000 dollars. Suppose you take a simple random sample of 97 graduates. Find the probability that a single randomly selected salary that doesn't exceed 157000 dollars. Answer = Find the probability that a sample of size n=97n=97 is randomly selected with a mean that that doesn't exceed 157000 dollars. Answer =
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 13PPS
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Business Weekly conducted a survey of graduates from 30 top MBA programs. On the basis of the survey, assume the mean annual salary for graduates 10 years after graduation is 152000 dollars. Assume the standard deviation is 36000 dollars. Suppose you take a simple random sample of 97 graduates.
Find the probability that a single randomly selected salary that doesn't exceed 157000 dollars.
Answer =
Find the probability that a sample of size n=97n=97 is randomly selected with a mean that that doesn't exceed 157000 dollars.
Answer =
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