A leading magazine (like Barron's) reported at one time that the average number of weeks an individual is unemployed is
Posted: Mon Jul 11, 2022 11:40 am
A leading magazine (like Barron's) reported at one time that theaverage number of weeks an individual is unemployed is 37 weeks.Assume that for the population of all unemployed individuals thepopulation mean length of unemployment is 37 weeks and that thepopulation standard deviation is 3.1 weeks. Suppose you would liketo select a random sample of 82 unemployed individuals for afollow-up study. Find the probability that a single randomlyselected value is greater than 37.7. P(X > 37.7) = (Enter youranswers as numbers accurate to 4 decimal places.) Find theprobability that a sample of size n = 82 n = 82 is randomlyselected with a mean greater than 37.7. P(M > 37.7) = (Enteryour answers as numbers accurate to 4 decimal places.)