question archive The amount people pay for cable service varies quite a bit, but the mean monthly fee is $142 and the standard deviation is $29
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The amount people pay for cable service varies quite a bit, but the mean monthly fee is $142 and the standard deviation is $29. The distribution is not Normal. Many people pay about $76 for basic cable and about $160 for premium service, but some pay much more. A sample survey is designed to ask a simple random sample of 1,500 cable service customers how much they pay. Let x? be the mean amount paid.
Part A: What are the mean and standard deviation of the sample distribution of x?? Show your work and justify your reasoning.
Part B: What is the shape of the sampling distribution of x?? Justify your answer.
Part C: What is the probability that the average cable service paid by the sample of cable service customers will exceed $143? Show your work.
Answer:
Part A: What are the mean and standard deviation of the sample distribution of x??
Part B: What is the shape of the sampling distribution of x??
Part C: What is the probability that the average cable service paid by the sample of cable service customers will exceed $143?
Step-by-step explanation
Data:
The amount people pay for cable service varies quite a bit, but the mean monthly fee is $142 and the standard deviation is $29.
A sample survey is designed to ask a simple random sample of 1,500 cable service customers how much they pay.
Let x? be the mean amount paid.
Solution:
Part A: What are the mean and standard deviation of the sample distribution of x??
the mean of the sample distribution is equal to the mean of the population ?μ=? $142
To find the standard deviation of the sampling distribution of x?, the following formula is used
Part B: What is the shape of the sampling distribution of x??
Part C: What is the probability that the average cable service paid by the sample of cable service customers will exceed $143?
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