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

Author Question: Random samples of size 36 are taken from a process (an infinite population) whose mean and standard ... (Read 147 times)

ss2343

  • Hero Member
  • *****
  • Posts: 548
Random samples of size 36 are taken from a process (an infinite population) whose mean and standard deviation are 20 and 15, respectively. The distribution of the population is unknown. The mean and the standard error of the distribution of sample mean are _____.
 a. 36 and 15
  b. 20 and 15
  c. 20 and 0.417
  d. 20 and 2.5

Question 2

A life insurance company has determined that each week an average of 7 claims is filed in its Nashville branch.
 a. Define the random variable in words for this experiment.
  b. What is the probability that during the next week exactly 7 claims will be filed?
  c. What is the probability that during the next week no claims will be filed?
  d. What is the probability that during the next week fewer than 4 claims will be filed?
  e. What is the probability that during the next week at least 17 claims will be filed?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

yasmin

  • Sr. Member
  • ****
  • Posts: 319
Answer to Question 1

d

Answer to Question 2

a. x = the number of claims filed in a one-week period
b. .1490
c. .0009
d. .0818
e. .0010




ss2343

  • Member
  • Posts: 548
Reply 2 on: Jun 24, 2018
:D TYSM


milbourne11

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Barbituric acid, the base material of barbiturates, was first synthesized in 1863 by Adolph von Bayer. His company later went on to synthesize aspirin for the first time, and Bayer aspirin is still a popular brand today.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

For a complete list of videos, visit our video library