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L15.2082 - Statistics for Business and Economics (2024/2025)

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To apply the central limit theorem to the sampling distribution of the sample mean, the sample is usually considered to be large if the sample size, n, is greater than:

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Consider the following CDF for the continuous uniform random variable X:

, for 

What is the median of X?

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Consider the figure below. It shows three cumulative distribution functions of normal distributions with various parameters.

s

Associate each pair () with the color of these distributions.

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A passenger metal detector at Lisbon's Airport gives an alarm 2.1 times a minute, on average.

What is the probability that more than 30 seconds will pass before the next alarm?

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The tensile strength X of paper, in pounds per square inch, has μ = 30 and σ = 3. A random sample of size n = 100 is taken from the distribution of tensile strengths. Compute the probability that the sample mean is greater than 29.7 pounds per square inch.

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Which of the following could not be probability density functions for a continuous random variable?

(A)  for 

(B)  for 

(C)  for 

Select all that apply.

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The tensile strength X of paper, in pounds per square inch, has μ = 30 and σ = 3. A random sample of size n = 100 is taken from the distribution of tensile strengths. Compute the probability that the sample mean is greater than 29.5 pounds per square inch.

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According to the central limit theorem, the sampling distribution of the mean can be approximated by the normal distribution:

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The central limit theorem can only be applied when we are dealing with a population distribution that is continuous.
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