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the population mean and standard deviation are given below. find the in…

Question

the population mean and standard deviation are given below. find the indicated probability and determine whether the given sample mean would be considered unusual. for a sample of n = 40, find the probability of a sample mean being less than 12,750 or greater than 12,753 when μ = 12,750 and σ = 1.4. for the given sample, the probability of a sample mean being less than 12,750 or greater than 12,753 is (round to four decimal places as needed.)

Explanation:

Step1: Calculate the standard error

The formula for the standard error of the mean is $\sigma_{\bar{x}}=\frac{\sigma}{\sqrt{n}}$. Given $\sigma = 1.4$ and $n = 40$, we have $\sigma_{\bar{x}}=\frac{1.4}{\sqrt{40}}\approx\frac{1.4}{6.3246}\approx0.2214$.

Step2: Calculate the z - scores

For $\bar{x}_1 = 12750$, the z - score $z_1=\frac{\bar{x}_1-\mu}{\sigma_{\bar{x}}}=\frac{12750 - 12750}{0.2214}=0$.
For $\bar{x}_2 = 12753$, the z - score $z_2=\frac{\bar{x}_2-\mu}{\sigma_{\bar{x}}}=\frac{12753 - 12750}{0.2214}=\frac{3}{0.2214}\approx13.55$.

Step3: Find the probabilities

We want $P(\bar{X}<12750\ or\ \bar{X}>12753)$. Since $P(\bar{X}<12750)=\Phi(0)$ and $P(\bar{X}>12753)=1 - \Phi(13.55)$.
The standard normal distribution $\Phi(0)=0.5$ and $\Phi(13.55)\approx1$. So $P(\bar{X}<12750\ or\ \bar{X}>12753)=0.5+(1 - 1)=0.5000$.

Answer:

$0.5000$