20 Nov 2022

123

Sampling Distributions: Everything You Need to Know

Format: APA

Academic level: University

Paper type: Statistics Report

Words: 330

Pages: 1

Downloads: 0

The score on the GMAT is normally distributed with mean 560 and standard deviation 120. Suppose n = 25 randomly selected students take the GMAT on the same day. 

What is the probability that one randomly selected student scores above 575 on the GMAT? 

From the Z score calculator available online [ https://www.fourmilab.ch/rpkp/experiments/analysis/zCalc.html ]. 

It’s time to jumpstart your paper!

Delegate your assignment to our experts and they will do the rest.

Get custom essay

Alternatively (Online Stat Book) [ http://onlinestatbook.com/2/calculators/normal_dist.html ]. 

Therefore, 

Describe the sampling distribution of the sample mean for the 25 students. 

Since the original sample size is normally distributed, the sampling distribution of the mean sample for the 25 students will also be normally distributed. Generally, the sampling distribution will be normally distributed for any sample size if the original population is normally distributed. 

What is the probability that a random sample of 25 students has a mean GMAT score that is less than 575? 

Using the Online Stat Book, 

What is the probability that a random sample of 25 students has a mean GMAT score that is 575 or above? 

In the United States, the year each coin was minted is printed on the coin. To find the age of a coin, simply subtract the current year from the year printed on the coin. The ages of circulating pennies are right skewed. Most circulating pennies were minted relatively recently, and extremely old pennies are rare. Assume the ages of circulating pennies have a mean of 30 years and a standard deviation of 9.9 years. 

a. Based on the information given, can we determine the probability that a randomly selected penny is over 10 years old? 

Based on the information provided, we cannot determine the probability that a randomly selected penny is over 10 years old. This is because the population is not normally distributed. 

b. What is the probability that a random sample of 40 circulating pennies has a mean less than 25 years? 

Using the Online Stat Book, 

c. What is the probability that a random sample of 40 circulating pennies has a mean greater than 25 years? 

What is the probability that a random sample of 40 circulating pennies has a mean greater than 32 years? Would this be unusual? Why or why not? 

Therefore, 

This would not be unusual. We call anything “unusual” if it happens less than 5% of the time. 

Illustration
Cite this page

Select style:

Reference

StudyBounty. (2023, September 15). Sampling Distributions: Everything You Need to Know.
https://studybounty.com/sampling-distributions-everything-you-need-to-know-statistics-report

illustration

Related essays

We post free essay examples for college on a regular basis. Stay in the know!

17 Sep 2023
Statistics

Scatter Diagram: How to Create a Scatter Plot in Excel

Trends in statistical data are interpreted using scatter diagrams. A scatter diagram presents each data point in two coordinates. The first point of data representation is done in correlation to the x-axis while the...

Words: 317

Pages: 2

Views: 187

17 Sep 2023
Statistics

Calculating and Reporting Healthcare Statistics

10\. The denominator is usually calculated using the formula: No. of available beds x No. of days 50 bed x 1 day =50 11\. Percentage Occupancy is calculated as: = =86.0% 12\. Percentage Occupancy is calculated...

Words: 133

Pages: 1

Views: 150

17 Sep 2023
Statistics

Survival Rate for COVID-19 Patients: A Comparative Analysis

Null: There is no difference in the survival rate of COVID-19 patients in tropical countries compared to temperate countries. Alternative: There is a difference in the survival rate of COVID-19 patients in tropical...

Words: 255

Pages: 1

Views: 251

17 Sep 2023
Statistics

5 Types of Regression Models You Should Know

Theobald et al. (2019) explore the appropriateness of various types of regression models. Despite the importance of regression in testing hypotheses, the authors were concerned that linear regression is used without...

Words: 543

Pages: 2

Views: 175

17 Sep 2023
Statistics

The Motion Picture Industry - A Comprehensive Overview

The motion picture industry is among some of the best performing industries in the country. Having over fifty major films produced each year with different performances, it is necessary to determine the success of a...

Words: 464

Pages: 2

Views: 86

17 Sep 2023
Statistics

Spearman's Rank Correlation Coefficient (Spearman's Rho)

The Spearman’s rank coefficient, sometimes called Spearman’s rho is widely used in statistics. It is a nonparametric concept used to measure statistical dependence between two variables. It employs the use of a...

Words: 590

Pages: 2

Views: 309

illustration

Running out of time?

Entrust your assignment to proficient writers and receive TOP-quality paper before the deadline is over.

Illustration