document.write( "Question 324439: Z Test question....
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document.write( "A state community is elgible for clothes the mean income per annum is $3,000 or less. A simple random sample of 100 people was drawn from the place and the mean income is $2,500. The standard deviation is $200. Find out the proportion with annual incom between $2500 or less?\r
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document.write( "This is what I got... 3000-2500/200= 500/200= 2.5(Check the appendix for z at 2.5) I got .4938 and .5-.4938=.0062 when converted to percent I got .62% \n" );
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Algebra.Com's Answer #232318 by Fombitz(32388) You can put this solution on YOUR website! Your question is confusing. \n" ); document.write( "Find out the propoetion with annual income between $2500 and less. \n" ); document.write( "Did you mean $2500 and less? \n" ); document.write( "If so why did you use $3000 to calculate the z score? \n" ); document.write( ". \n" ); document.write( ". \n" ); document.write( ". \n" ); document.write( "Also, if z=2.5, then P=0.5+0.4938=0.9938, add, don't subtract. \n" ); document.write( "So if the mean is $2500 and std. dev. is $200, 99.38% of the people make less than $3000. \n" ); document.write( ". \n" ); document.write( ". \n" ); document.write( ". \n" ); document.write( "Please re-post. \n" ); document.write( " |