document.write( "Question 321276: The mean price of computers at an electronics store is $850, with a standard deviation of $90. A random sample of 21 televisions is drawn from this population. What is the probability that the mean price of the sample is less than $830? \n" ); document.write( "
Algebra.Com's Answer #230119 by stanbon(75887) ![]() You can put this solution on YOUR website! The mean price of computers at an electronics store is $850, with a standard deviation of $90. \n" ); document.write( "---------------------------------------- \n" ); document.write( "A random sample of 21 televisions is drawn from this population. What is the probability that the mean price of the sample is less than $830? \n" ); document.write( "----------------------------------------- \n" ); document.write( "mean of the distribution of sample means = 850 \n" ); document.write( "std of the distribution of sample means = 90/sqrt(21) \n" ); document.write( "--------------- \n" ); document.write( "t(830) = (830-850)/[0.90/sqrt(21)] = -1.0184 \n" ); document.write( "--- \n" ); document.write( "P(x< 830) = P(t< -1.0184 when df=20) = 0.1603 \n" ); document.write( "================================================= \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " \n" ); document.write( " |