A sample of 2861 Bloomberg Businessweek subscribers in North America were used to gather data for this study. Fifty-nine percent of the respondents indicated an annual income of or more, and 50% reported having an American Express credit card.
a. What is the population of interest in this study?
b. Is annual income a categorical or quantitative variable?
c. Is ownership of an American Express card a categorical or quantitative variable?
A population of values has a normal distribution with
Find the probability that a single randomly selected value is less than 226.9.
Write your answers as numbers accurate to 4 decimal places.
A distribution of values is normal with a mean of 166.1 and a standard deviation of 73.5.
Find the probability that a randomly selected value is between 151.4 and 283.7.
Write your answers as numbers accurate to 4 decimal places.
A population of values has a normal distribution with
Find the probability that a sample of size
Write your answers as numbers accurate to 4 decimal places.