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Mathematics, 23.06.2020 23:01, lloveshan219
Business Week conducted a survey of graduates from 30 top MBA programs. On the basis of the survey, assume that the mean annual salary for male and female graduates 10 years after graduation is $168,000 and $117,000, respectively. Assume the standard deviation for the male graduates is $40,000 and for the female graduates it is $25,000. 1. In which of the preceding two cases, part a or part b, do we have a higher probability of obtaining a smaple estimate within $10,000 of the population mean? why? 2. What is the probability that a simple random sample of 100 male graduates will provide a sample mean more than $4,000 below the population mean?
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Business Week conducted a survey of graduates from 30 top MBA programs. On the basis of the survey,...
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