A 4 pack of jump ropes costs $15.28. What is the unit price? per jump rope

g You are planning an opinion study and are considering taking an SRS of either 200 or 600 people. Explain how the sampling dist

Katen [24]

Answer:

By the Central Limit Theorem, both would be approximately normal and have the same mean. The difference is in the standard deviation, since as the sample size increases, the standard deviation decreases. So the SRS of 600 would have a smaller standard deviation than the SRS of 200.

Step-by-step explanation:

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.

For the sampling distribution of size n of a sample proportion p, the mean is p and the standard deviation is $s = \sqrt{\frac{p(1-p)}{n}}$

Differences between SRS of 200 and of 600

By the Central Limit Theorem, both would be approximately normal and have the same mean. The difference is in the standard deviation, since as the sample size increases, the standard deviation decreases. So the SRS of 600 would have a smaller standard deviation than the SRS of 200.

6 0

3 years ago

If you're starting salary is 40,000 and you receive a 3% increase at the end of every year what is the total amount in dollars y

storchak [24]

$\bf \qquad \textit{Amount for Exponential Growth}\\\\
A=I(1 + r)^t\qquad 
\begin{cases}
A=\textit{accumulated amount}\\
I=\textit{initial amount}\to &40000\\
r=rate\to 3\%\to \frac{3}{100}\to &0.03\\
t=\textit{elapsed time}\to &15\\
\end{cases}
\\\\\\
A=40000(1+0.03)^{16}\implies A=40000(1.03)^{16}$