This topic contains a solution. Click here to go to the answer

Author Question: Find the indicated probability or percentage for the sampling error.The distribution of weekly ... (Read 29 times)

stevenposner

  • Hero Member
  • *****
  • Posts: 608
Find the indicated probability or percentage for the sampling error.

The distribution of weekly salaries at a large company is right skewed with a mean of $1000 and a standard deviation of $350. What is the probability that the sampling error made in estimating the mean weekly salary for all employees of the company by the mean of a random sample of weekly salaries of 50 employees will be at most $50?
◦ 0.3124
◦ 0.6876
◦ 0.3438
◦ Cannot be determined, because the distribution of the population is not normal.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by stevenposner on Apr 7, 2020

Awesome

  • Sr. Member
  • ****
  • Posts: 280
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 49% of students answer this correctly




stevenposner

  • Member
  • Posts: 608
Reply 2 on: Apr 7, 2020
Thanks for the timely response, appreciate it


JCABRERA33

  • Member
  • Posts: 344
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

For a complete list of videos, visit our video library