SOLUTION: A leading magazine (like Barron's) reported at one time that the average number of weeks an individual is unemployed is 29 weeks. Assume that the length of unemployment is normally
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Question 1193878: A leading magazine (like Barron's) reported at one time that the average number of weeks an individual is unemployed is 29 weeks. Assume that the length of unemployment is normally distributed with population mean of 29 weeks and the population standard deviation of 7 weeks. Suppose you would like to select a random sample of 15 unemployed individuals for a follow-up study. Round the answers of following questions to 4 decimal places.
What is the distribution of
X
?
X
~ N(
29
Correct,
7
Correct)
What is the distribution of
¯
x
?
¯
x
~ N(
29
Correct,
1.8074
Correct)
What is the probability that one randomly selected individual found the next job is less than 31 weeks?
I keep screwing up somehow, but I cannot figure out where/how...
Answer by ikleyn(52818) (Show Source): You can put this solution on YOUR website!
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