## Tuesday, February 4, 2014

### Stats for Managers Week 3

1. view that we volition randomly select a as separate of 64 measurements from a population having a correspond compeer to 20 and a standard deviation enough to 4. a. quarter the inning of the sample dispersion of the hear recall x bar. Do we need to make any assumptions nearly the shape of the population? Why or why non? b. befall the mean and the standard deviation of the sampling scattering of the ingest mean x bar. c. Calculate the chance that we will discover a seek mean greater than 21: that is, look P(x bar>21). Hint: Find the z value correspondent to 21 by using mew, because we wish to calculate a probability about x bar. Then sketch the sampling distribution and the probability. d. Calculate the probability that we will obtain a sample mean less than 19.385; that is, calculate P(x bar or - .32). (a) Since n = 64 (> 30), the sampling distribution of x is some (close to) popular distribution. As such, we assume that it is indeed normal. (b) Mean = ? = 20 and hackneyed deviation = ?/?n = 4/?64 = 0.5 (c) z = (x-bar - ?)/(?/?n) = (21 - 20)/0.5 = 2 P(x-bar > 21) = P(z > 2) = 0.0228 (d) z = (x-bar - ?)/(?/?n) = (19.385 - 20)/0.5 = -1.23 P(x-bar < 19.385) = P(z < -1.23) = 0.1093 2. On February 8, 2002, the Gallup Organization released the results of a detonating device crown concerning American attitudes toward the nineteenth Winter Olympic Games in Salt Lake City, Utah. The poll results were found on telephone interviews with a randomly selected national sample of 1,011 adults, 18 historic period and older, conducted February 4-6, 2002. a. Suppose we wish to use the polls results to justify the strike that more than 30 percentage of Americans (18 years or older) regularise that figure skate is their preferent Winter Olympic solution. The poll genuinely found that 32 percent of respondents reported that figure skating was their favorite event. If, for the rice beer of argument, we assume that 30 percent of Ameri cans (18 years or older) say figure skating ! is their favorite event (that is, p = .3),...If you require to get a full essay, lay out it on our website: OrderCustomPaper.com

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