A normal distribution has a mean of 30 and a variance of 5.Find N such that the probability that the mean of N observations exce
eds 30.5 is 1%.
1 answer:
Answer:
109
Step-by-step explanation:
Use a chart or calculator to find the z-score corresponding to a probability of 1%.
P(Z > z) = 0.01
P(Z < z) = 0.99
z = 2.33
Now find the sample standard deviation.
z = (x − μ) / s
2.33 = (30.5 − 30) / s
s = 0.215
Now find the sample size.
s = σ / √n
s² = σ² / n
0.215² = 5 / n
n = 109
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