Answer:
The population of interest for this student is the students whom are enrolled in statistics classes.
Step-by-step explanation:
Sampling
This is a common statistics practice, when we want to study something from a population, we find a sample of this population.
For example:
I want to estimate the proportion of New York state residents who are Buffalo Bills fans. So i ask, lets say, 1000 randomly selected New York state residents wheter they are Buffalo Bills fans, and expand this to the entire population of New York State residents.
The population of interest are all residents of New York State.
A simple random sample of 500 students was selected from all the students enrolled in statistics classes.
This means that the population of interest for this student is the students whom are enrolled in statistics classes.
Answer:
So we can find this probability:

And then since the interest is the probability that the mean diameter of the sample shafts would differ from the population mean by more than 0.3 inches using the complement rule we got:

Step-by-step explanation:
Let X the random variable that represent the diamters of interest for this case, and for this case we know the following info
Where
and
We can begin finding this probability this probability
For this case they select a sample of n=79>30, so then we have enough evidence to use the central limit theorem and the distirbution for the sample mean can be approximated with:

And the best way to solve this problem is using the normal standard distribution and the z score given by:
And we can find the z scores for each limit and we got:
So we can find this probability:

And then since the interest is the probability that the mean diameter of the sample shafts would differ from the population mean by more than 0.3 inches using the complement rule we got:

Formula: total = principal x (1 + (interest rate x loan time))
total = 1000 x (1 + (0.055 x 2))
total = 1000 x (1 + 0.11)
total = 1000 x 1.11
total = $1110
11
Because 11x3 is 33
And 11x11 is 121
Hope this answer helped!!