document.write( "Question 346163: Can you tell me how to figure this out: For a random sample of size 4, determine probability the mean wealth of the four people obtained will be within 2 of the population mean. Population mean is 25.5. The following is the data:
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document.write( "Sample Wealth x
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document.write( "A,B,G,P 26,31,41,20 29.5
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document.write( "A,B,G,E 26,31,41,17 28.75
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document.write( "A,B,G,T 26,31,41,18 29
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document.write( "A,B,P,E 26,31,20,17 23.5
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document.write( "A,B,P,T 26,31,20,18 23.75
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document.write( "A,B,E,T 26,31,17,18 23
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document.write( "A,G,P,E 26,41,20,17 26
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document.write( "A,G,P,T 26,41,20,18 26.25
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document.write( "A,G,E,T 26,41,17,18 25.5
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document.write( "A,P,E,T 26,20,17,18 20.25
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document.write( "B,G,P,E 31,41,20,17 27.25
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document.write( "B,G,P,T 31,41,20,18 27.5
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document.write( "B,G,E,T 31,41,17,18 26.75
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document.write( "B,P,E,T 31,20,17,18 21.5
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document.write( "G,P,E,T 41,20,17,18 24\r
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document.write( "The answer I came up with is 4/15 = 0.27 or 27% - is that correct? Thank you for your help. \n" );
document.write( "
Algebra.Com's Answer #247518 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! For a random sample of size 4, determine probability the mean wealth of the four people obtained will be within 2 of the population mean. Population mean is 25.5. The following is the data: \n" ); document.write( "---- \n" ); document.write( "You want 23.5 <= x <= 27.5 \n" ); document.write( "-----------------------------------\r \n" ); document.write( "\n" ); document.write( "Sample Wealth x \n" ); document.write( "A,B,G,P 26,31,41,20 29.5 \n" ); document.write( "A,B,G,E 26,31,41,17 28.75 \n" ); document.write( "A,B,G,T 26,31,41,18 29 \n" ); document.write( "A,B,P,E 26,31,20,17 23.5------ \n" ); document.write( "A,B,P,T 26,31,20,18 23.75----- \n" ); document.write( "A,B,E,T 26,31,17,18 23 \n" ); document.write( "A,G,P,E 26,41,20,17 26-------- \n" ); document.write( "A,G,P,T 26,41,20,18 26.25----- \n" ); document.write( "A,G,E,T 26,41,17,18 25.5------ \n" ); document.write( "A,P,E,T 26,20,17,18 20.25 \n" ); document.write( "B,G,P,E 31,41,20,17 27.25----- \n" ); document.write( "B,G,P,T 31,41,20,18 27.5------ \n" ); document.write( "B,G,E,T 31,41,17,18 26.75----- \n" ); document.write( "B,P,E,T 31,20,17,18 21.5 \n" ); document.write( "G,P,E,T 41,20,17,18 24 \n" ); document.write( "The answer I came up with is 4/15 = 0.27 or 27% - is that correct? Thank you for your help. \n" ); document.write( "------ \n" ); document.write( "It looks like 8/15 to me. \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " \n" ); document.write( " |