68 702
Assignments Done
100%
Successfully Done
In January 2019

Answer to Question #20369 in Statistics and Probability for joe

Question #20369
insurance company did study of car damages. mean of the normal distribution is $4500. standard deviation of the normal distribution is $1500. 100 samples are taken

1) describe the sampling distribution of the mean claim amount for the random sample of 100 claims. include sample statistics of interest
2) find probability that the mean claim amount for the sample of 100 claims is between $4200 and $4600
3) probability it is less than $4000
4)probability it is less than $7000
5) probability it is between $7000 and $7500

please give me a quote as I need this by Monday 12-10

joe bianchini
Expert's answer
Unfortunately, your question requires a lot of work and cannot be done for free.
Submit it with all requirements as an assignment to our control panel and we'll assist you.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

Submit
Privacy policy Terms and Conditions