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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 11:42 am
by answerhappygod
- A Leading Magazine Like Barron S Reported At One Time That The Average Number Of Weeks An Individual Is Unemployed Is 1 (186.89 KiB) Viewed 38 times
A leading magazine (like Barron's) reported at one time that the average number of weeks an individual is unemployed is 25 weeks. Assume that the length of unemployment is normally distributed with population mean of 25 weeks and the population standard deviation of 3 weeks. Suppose you would like to select a random sample of 9 unemployed individuals for a follow-up study. Round the answers of following
questions to 4 decimal places. a. What is the distribution of X? X ~ N( b. What is the distribution of ? ~ N( c. What is the probability that one randomly selected individual found the next job is less than 24 weeks? d. For 9 unemployed individuals, find the probability that the average time that they found the next job is less than 24 weeks. e. For part d), is the assumption of normal necessary? O No Yes