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TV sets: According to the Nielsen Company, the mean number of TV sets in a U.S. household was 2.24. Assume the standard deviation is 1.2 . A sample of 95 households is drawn.
Part 1 of 5
(a) What is the probability that the sample mean number of TV sets is greater than 2? Round your answer to at least four decimal places.
The probability that the sample mean number of TV sets is greater than 2 is 0.9744 .
Part:
Part 2 of 5
(b) What is the probability that the sample mean number of TV sets is between 2.5 and 3? Round your answer to at least four decimal places.
The probability that the sample mean number of TV sets is between 2.5 and 3 is .
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Studdy Solution
STEP 1
What is this asking?
What's the chance that a group of 95 households has, on average, between 2.5 and 3 TVs?
Watch out!
Don't mix up the number of households with the number of TVs!
Also, remember the difference between population parameters and sample statistics.
STEP 2
1. Calculate the standard error.
2. Calculate the z-scores.
3. Find the probability between the z-scores.
STEP 3
We're given that the **population standard deviation** is and the **sample size** is **95**.
The **standard error** measures the variability of the sample means.
STEP 4
To **calculate the standard error**, we divide the population standard deviation by the square root of the sample size:
STEP 5
Let's plug in our values: So, our **standard error** is approximately **0.123**.
STEP 6
We want to find the probability that the sample mean is between 2.5 and 3.
To do this, we'll convert these sample mean values to **z-scores**.
A z-score tells us how many standard errors a value is away from the population mean.
STEP 7
The formula for the **z-score** is: where is the **population mean**, which is given as **2.24**.
STEP 8
For :
STEP 9
For :
STEP 10
Now, we want to find the probability that the z-score is between and .
We can look this up in a **z-table** or use a calculator.
STEP 11
The probability corresponding to is approximately .
Since is so large, the probability to the left of it is essentially 1.
STEP 12
To find the probability between the two z-scores, we subtract the smaller probability from the larger probability:
STEP 13
The probability that the sample mean number of TV sets is between 2.5 and 3 is approximately **0.0174**.
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