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kolbaska11 [484]
2 years ago
5

If 89 babies are sampled at random from the hospital, what is the probability that the mean weight of the sample babies would di

ffer from the population mean by less than 48 grams
Mathematics
1 answer:
cricket20 [7]2 years ago
6 0

Answer:

0.6836

Step-by-step explanation:

(weight - mean weight) = 48

Variance, s² = 204,304

Sample size, n = 89

We need to obtain the Zscore :

Zscore = (X - mean) / standard Error

Zscore = (weight - mean weight ) / (s/√n)

s = √204304 = 452

The difference from the meanncoukdnbe either to the right or left :

Zscore = - 48 / (452/√89) OR 48 / (452/√89)

Zscore = - 48 / 47.911904 OR - 48 / 47.911904

Zscore = - 1.002 or 1.002

P(Z < - 1.002) = 0.1582 (using Z table)

P(Z < 1.002) = 0.8418

P(Z < 1.002) - P(Z < - 1.002)

0.8418 - 0.1582

= 0.6836

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Answer:

The value of this investment at the end of the 5 years is of $662.5.

Step-by-step explanation:

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The compound interest formula is given by:

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Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.

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This means that P = 600, t = 5, r = 0.02, n = 1. Thus

A(t) = P(1 + \frac{r}{n})^{nt}

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