Purchase Solution

# Americans ate an average of 25.7 pounds of confectionary pro

Not what you're looking for?

Americans ate an average of 25.7 pounds of confectionary products each last year and spent an average of \$61.50 per person doing so. If the standard deviation for consumption is 3.75 pounds and the standard deviation for the amount spent is \$5.89, find the following:

a. The probability that the sample mean confectionary consumption for a random sample of 40 American consumers was greater than 27 pounds.

b. The probability that for a random sample of 50, the sample mean for confectionary spending exceeded \$60.00.

##### Solution Summary

Americans ate an average of 25.7 pounds of confectionary products each last year and spent an average of \$61.50 per person doing so. If the standard deviation for consumption is 3.75 pounds and the standard deviation for the amount spent is \$5.89, find the following:

a. The probability that the sample mean confectionary consumption for a random sample of 40 American consumers was greater than 27 pounds.

b. The probability that for a random sample of 50, the sample mean for confectionary spending exceeded \$60.00.

##### Solution Preview

Americans ate an average of 25.7 pounds of confectionary products each last year and spent an average of \$61.50 per person doing so. If the standard deviation for consumption is 3.75 pounds and the standard deviation for the amount spent is \$5.89, find the following:

a. The probability that the sample mean confectionary consumption for a random sample of 40 American consumers was greater than ...

##### Know Your Statistical Concepts

Each question is a choice-summary multiple choice question that presents you with a statistical concept and then 4 numbered statements. You must decide which (if any) of the numbered statements is/are true as they relate to the statistical concept.

##### Measures of Central Tendency

Tests knowledge of the three main measures of central tendency, including some simple calculation questions.

##### Measures of Central Tendency

This quiz evaluates the students understanding of the measures of central tendency seen in statistics. This quiz is specifically designed to incorporate the measures of central tendency as they relate to psychological research.

##### Terms and Definitions for Statistics

This quiz covers basic terms and definitions of statistics.