(a) Suppose one house from the city will be selected at random. Use the histogram to estimate the probability that the selected
house is valued at less than $500,000. Show your work.
(b) Suppose a random sample of 40 houses are selected from the city. Estimate the probability that the mean value of the 40 houses is less than $500,000. Show your work.
(b) Suppose a random sample of 40 houses are selected from the city. Estimate the probability that the mean value of the 40 houses is less than $500,000. Show your work.
1 answer:
Answer:
a) 0.71
b) 0.9863
Step-by-step explanation:
a. Given the mean prices of a house is $403,000 and the standard deviation is $278,000
-The probability the probability that the selected house is valued at less than $500,000 is obtained by summing the frequencies of prices below $500,000:
Hence, the probability of a house price below $500,000 is 0.71
b. -Let X be the mean price of a randomly selected house.
-Since the sample size 40 is greater than 30, we assume normal distribution.
-The probability can therefore be calculated as follows:
Thus, the probability that the mean value of the 40 houses is less than $500,000 is 0.9863
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Answer
Find out the how long will it take the submarine to descend to the ocean floor
To proof
Formula
where d = distance traveled (or descended),
r = rate of travel , t = time
As given
A submarine descends at a rate of 2.6 kilometers per hour. If the ocean floor is 6.24 kilometers below sea level .
put all the values in the above formula
t = 2.4 hour
it take 2.4 hours the submarine to descend to the ocean floor .
Hence proved