9x - 5 =12what is x?
2 answers:
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Answer:
100% probability of selecting a sample of 65 one-bedroom apartments and finding the mean to be at least $2,095 per month
Step-by-step explanation:
To solve this question, we need to understand the normal probability distribution and the central limit theorem.
Normal Probability Distribution:
Problems of normal distributions can be solved using the z-score formula.
In a set with mean and standard deviation
, the z-score of a measure X is given by:
The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.
Central Limit Theorem
The Central Limit Theorem estabilishes that, for a normally distributed random variable X, with mean and standard deviation
, the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean
and standard deviation
.
For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.
Mean of $2,275 and a standard deviation of $290.
This means that
Sample of 65:
This means that
Finding the mean to be at least $2,095 per month
This is 1 subtracted by the p-value of Z when X = 2095. So
By the Central Limit Theorem
has a p-value of 0.
1 - 0 = 1
100% probability of selecting a sample of 65 one-bedroom apartments and finding the mean to be at least $2,095 per month
Answer:
<em>On time: 0.67</em>
<em>Late: 0.33</em>
Step-by-step explanation:
<u>Probabilities</u>
One approach to estimating the probability of occurrence of an event is to record the number of times that event happens (e) and compare it with the total number of trials (n).
The probability can be estimated with the formula:
And the probability that the event doesn't occur is
Q = 1 - P
Paulo arrives on time to school e=53 times out of n=79 times. The probability that he arrives on time is:
P = 0.67
And the probability he arrives late is:
Q = 1 - 0.67 = 0.33