Question

The mean income for people in a certain city (in thousands of dollars) is 37 with standard deviation 80 (thousands of dollars). A pollster draws a sample of 45 people to interview.
A. What is the probability that the mean income of the sample people is more than 24 (thousands of dollars)?
B. What is the probability that the sample mean income is between 41 and 45?
C) Find the 80th percentile of the sample mean.
D) Would it be unusual for the sample mean to be less than 38?
E) Do you think it would be unusual for an individual to have an income of less than 38? Explain.

Answer 1

Answer:

Step-by-step explanation:

The mean income for people in a certain city (in thousands of dollars) is 37 with standard deviation 80 (thousands of dollars). A pollster draws a sample of 45 people to interview.

A. What is the probability that the mean income of the sample people is more than 24 (thousands of dollars)?

B. What is the probability that the sample mean income is between 41 and 45?

C) Find the 80th percentile of the sample mean.

D) Would it be unusual for the sample mean to be less than 38?

E) Do you think it would be unusual for an individual to have an income of less than 38? Explain.