Use technology to solve the following problem: The mean annual income for people in a certain city (in thousands of dollars) is 44, with a standard deviation of 35. A pollster draws a sample of 59 people to interview. What is the probability that the sample mean income is between 42 and 48 (thousands of dollars)?

Respuesta :

Answer:

[tex] P(42 < \bar X <48)[/tex]

And we can use the z score formula given by:

[tex] z =\frac{\bar X -\mu}{\frac{\sigma}{\sqrt{n}}}[/tex]

And if we find the z scores for the limits of the interval we got:

[tex] z= \frac{42-44}{\frac{35}{\sqrt{59}}}= -0.4[/tex]

[tex] z= \frac{48-44}{\frac{35}{\sqrt{59}}}= 0.878[/tex]

And we want to find this probability:

[tex] P(-0.4<z<0.878)[/tex]

And we can use the foolowing excel command and we got:

=NORM.DIST(0.878;0;1;TRUE)-NORM.DIST(-0.4;0;1;TRUE)

And we got:

[tex] P(-0.4<z<0.878)=0.4655[/tex]

Step-by-step explanation:

For this case we know the following parameters:

[tex] \mu = 44 ,\sigma =35[/tex]

We select a sample size of n =59. So then the sample size is large enough to use the central limit theorem and the distribution for the sample mean is given by:

[tex] \bar X \sim N(\mu \frac{\sigma}{\sqrt{n}})[/tex]

We want to find the following probability:

[tex] P(42 < \bar X <48)[/tex]

And we can use the z score formula given by:

[tex] z =\frac{\bar X -\mu}{\frac{\sigma}{\sqrt{n}}}[/tex]

And if we find the z scores for the limits of the interval we got:

[tex] z= \frac{42-44}{\frac{35}{\sqrt{59}}}= -0.4[/tex]

[tex] z= \frac{48-44}{\frac{35}{\sqrt{59}}}= 0.878[/tex]

And we want to find this probability:

[tex] P(-0.4<z<0.878)[/tex]

And we can use the foolowing excel command and we got:

=NORM.DIST(0.878;0;1;TRUE)-NORM.DIST(-0.4;0;1;TRUE)

And we got:

[tex] P(-0.4<z<0.878)=0.4655[/tex]

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