This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Major league baseball salaries averaged 3.26 million with a standard deviation of 1.2 million in a ... (Read 113 times)

pepyto

  • Hero Member
  • *****
  • Posts: 547
on: Jun 24, 2018
Major league baseball salaries averaged 3.26 million with a standard deviation of 1.2 million in a recent year. Suppose a sample of 100 major league players was taken. Find the approximate probability that the mean salary of the 100 players was less than 2.5 million.
 
  A) 0.9849 B) approximately 1 C) approximately 0 D) 0.0151

Question 2

The variance of the sum of two investments will be equal to the sum of the variances of the two investments when the covariance between the investments is zero.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

heyhey123

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

TRUE


pepyto

  • Member
  • Posts: 547
Reply 2 on: Jun 24, 2018
Wow, this really help

peter

  • Member
  • Posts: 330
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

H. erectus migrated out of Africa beginning about 1.8 million years ago and is first known from Geor H. erectus migrated out of Africa beginning about 1.8 million years ago and is first known from Geor
Major Motor Pathways Major Motor Pathways
major events at the synapse major events at the synapse
A Global Bloom: Cities With Over One Million Residents A Global Bloom: Cities With Over One Million Residents
The Three Major Doshas-Basic Constitutional Types The Three Major Doshas-Basic Constitutional Types
Interdependence of the Major Organs in Vertebrate Fuel Metabolism Interdependence of the Major Organs in Vertebrate Fuel Metabolism
Video: A Human Karyotype Preparation Animation

For a complete list of videos, visit our video library