Statistics MCQ
Statistics
Suppose the salaries of university professors are approximately normally distributed with a mean of $65,000 and a standard deviation of $7,000. If a random sample of size 25 is taken and the mean is calculated, what is the probability that the mean value will be between $62,500 and $64,000?
Suppose the salaries of university professors are approximately normally distributed with a mean of $65,000 and a standard deviation of $7,000. If a random sample of size 25 is taken and the mean is calculated, what is the probability that the mean value will be between $62,500 and $64,000?
Suppose the salaries of university professors are approximately normally distributed with a mean of $65,000 and a standard deviation of $7,000. If a random sample of size 25 is taken and the mean is calculated, what is the probability that the mean value will be between $62,500 and $64,000?
a. 0.1465
b. 0.0371
c. 0.2005
d. 0.0827
Answer: c. 0.2005
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