MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Question
The central limit theorem proposes that:
The distribution of sample means will be approximately normal in shape only if the underlying population distribution is normal and provided that
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The distribution of sample means will be approximately normal in shape only if the original sample distribution was normal
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The
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The distribution of sample means will be approximately normal regardless of the original sample distribution shape, provided sample sizes are large enough (i.e., N = 30 or greater) |
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- Executives of a supermarket chain are interested in the amount of time that customers spend in the stores during shopping trips. The executives hire a statistical consultant and ask her to determine the mean shopping time, μ, of customers at the supermarkets. The consultant will collect a random sample of shopping times at the supermarkets and use the mean of these shopping times to estimate μ. Assuming that the standard deviation of the population of shopping times at the supermarkets is 26 minutes, what is the minimum sample size she must collect in order for her to be 90%confident that her estimate is within 5 minutes of μ? Carry your intermediate computations to at least three decimal places. Write your answer as a whole number (and make sure that it is the minimum whole number that satisfies the requirements).arrow_forwardAccording to the central limit theorem (CLT), no matter which distribution the data is collected from, as long as some conditions are met, we can always expect the sample average to behave like a normal random variable, i.e., the sampling distribution can be approximated by a normal distribution. Which is NOT a CLT condition for sample mean? Group of answer choices The original distribution of the data is Normal. A random sample with sample size is larger than 30 with no extreme outlier A random sample with sample size is less than 30 with no outliers. The sample size has to be larger than 10.arrow_forwardWhat does the Central Limit Theorem tell about the sample mean? If the sample size is large, the distribution of all individual observations should be normally distributed. If your sample size is large, the distribution of the sample mean should be normally distributed with the population mean as its center. The distribution of the sample mean is always perfectly normally distributed. O If your sample size is large, the distribution of the population mean should be normally distributed with the population mean as its center.arrow_forward
- Inferential statistical analyses that are not based on a set of assumptions of the z test? a. Permissible only when certain assumptions about the sample are met b. nonparametric c. parametric d. innacuratearrow_forwardExecutives of a supermarket chain are interested in the amount of time that customers spend in the stores during shopping trips. The executives hire a statistical consultant and ask her to determine the mean shopping time, μ, of customers at the supermarkets. The consultant will collect a random sample of shopping times at the supermarkets and use the mean of these shopping times to estimate μ. Assuming that the standard deviation of the population of shopping times at the supermarkets is 27 minutes, what is the minimum sample size she must collect in order for her to be 95% confident that her estimate is within 5 minutes of μ? Carry your intermediate computations to at least three decimal places. Write your answer as a whole number (and make sure that it is the minimum whole number that satisfies the requirements).arrow_forwardAn estimator that tends to produce more accurate estimates of the population parameter as the sample size increases is best characterized as a(n)_____________Select one: A. A consistent estimator approaches the estimated population parameter as the sample size grows larger. B. An unbiased estimator is consistent if its standard error is lower than that of other estimators of the estimated population parameter. C. An estimator is consistent if its expected value equals the estimated population parameter. D. An estimator is consistent if it always gives the correct value of the estimated population parameter.arrow_forward
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