document.write( "Question 1152710: The mean amount purchased by each customer at Churchill’s Grocery Store is $35 with a standard deviation of $9. The population is positively skewed. For a sample of 42 customers, answer the following questions:\r
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document.write( "a. What is the likelihood the sample mean is at least $39? (Round the z-value to 2 decimal places and the final answer to 4 decimal places.)\r
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document.write( "b. What is the likelihood the sample mean is greater than $33 but less than $39? (Round the z-value to 2 decimal places and the final answer to 4 decimal places.)\r
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document.write( "c. Within what limits will 98% of the sample means occur? (Round the final answers to 2 decimal places.)\r
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Algebra.Com's Answer #775565 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! Assuming I can use normality, since otherwise the problem can't be done without knowing the skew. \n" ); document.write( "z=(xbar-35)/9/sqrt(42) \n" ); document.write( "at least 39 for sample mean \n" ); document.write( "z>(4*sqrt(42)/9)= 2.88 \n" ); document.write( "that probability is 0.0020\r \n" ); document.write( "\n" ); document.write( "between 33 and 39 \n" ); document.write( "z is -2*sqrt42/9 for $33, or -1.44 \n" ); document.write( "probability z is between -1.44 and 2.88 is 0.9231\r \n" ); document.write( "\n" ); document.write( "half-interval for 98%CI is z=2.33 and the interval is z sigma/sqrt(n)=3.24 \n" ); document.write( "98% sample means will be ($31.76, $38.24) \n" ); document.write( " \n" ); document.write( " |