Asked by The Gibson Family on Jun 12, 2024
Verified
Some real estate specialists estimate that the length of time people live in a house has a mean of 10 years and a standard deviation of 3 years.A random sample of 200 families was chosen and surveyed.Let y‾\overline{ y}y represent the mean number of years that those families had lived in their house.Describe the sampling distribution model of this mean.
A) Binom(10,3)
B) N(10,1.5)
C) N(10,3)
D) N(10,0.12)
E) There is not enough information to describe the distribution.
Years
Units of time equal to 365 days, or 366 in a leap year, used as a measure of time duration in relation to the Earth's orbit around the Sun.
Families
Groups of individuals related by blood, marriage, or other legal ties, often living together and providing mutual support.
Sampling Distribution
The probability distribution of a statistic based on a large number of samples from the same population.
- Implement the ideas of sampling distribution to characterize and foretell occurrences in practical scenarios.
- Understand the appropriate circumstances for utilizing a Normal model in the depiction of sampling distributions.
- Gain an understanding of the role standard deviations play in sampling distributions.
Verified Answer
Learning Objectives
- Implement the ideas of sampling distribution to characterize and foretell occurrences in practical scenarios.
- Understand the appropriate circumstances for utilizing a Normal model in the depiction of sampling distributions.
- Gain an understanding of the role standard deviations play in sampling distributions.
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