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likoan [24]
2 years ago
8

Suppose you are conducting a survey about the amount grocery store baggers are tipped for helping customers to their cars .for a

similar simulated population with 50 respondents the population mean is $1.73 and the standard deviation is $0.657
about 68% of the sample mean fall with in the intervals $_______ and $________
about 99.7% of the sample mean fall with in the intervals of $-------- and $
Mathematics
1 answer:
ELEN [110]2 years ago
5 0

Using the Empirical Rule and the Central Limit Theorem, we have that:

  • About 68% of the sample mean fall with in the intervals $1.64 and $1.82.
  • About 99.7% of the sample mean fall with in the intervals $1.46 and $2.

<h3>What does the Empirical Rule state?</h3>

It states that, for a normally distributed random variable:

  • Approximately 68% of the measures are within 1 standard deviation of the mean.
  • Approximately 95% of the measures are within 2 standard deviations of  the mean.
  • Approximately 99.7% of the measures are within 3 standard deviations of the mean.

<h3>What does the Central Limit Theorem state?</h3>

By the Central Limit Theorem, the sampling distribution of sample means of size n has standard deviation s = \frac{\sigma}{\sqrt{n}}.

In this problem, the standard deviation of the distribution of sample means is:

s = \frac{0.657}{\sqrt{50}} = 0.09

68% of the means are within 1 standard deviation of the mean, hence the bounds are:

  • 1.73 - 0.09 = $1.64.
  • 1.73 + 0.09 = $1.82.

99.7% of the means are within 3 standard deviations of the mean, hence the bounds are:

  • 1.73 - 3 x 0.09 = $1.46.
  • 1.73 + 3 x 0.09 = $2.

More can be learned about the Empirical Rule at brainly.com/question/24537145

#SPJ1

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