Suppose That a Major League Baseball Game Has an Average

question 39

Essay

Suppose that a major league baseball game has an average length of 2.9 hours with a standard deviation of 0.5 hours. It is known that game length is not normally distributed. Suppose a random sample of 36 games is taken from the population. Sketch the probability distribution and shade in the region that corresponds to the probability. What is the approximate probability that average game length will be greater than 3.1 hours? Round to the nearest thousandth.

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Definitions:

Equilibrium Output

The level of output where the quantity of goods and services produced equals the quantity of goods and services demanded.

Expansionary Gap

A situation in macroeconomics where the actual output in an economy exceeds the potential output, traditionally leading to inflation.

Actual Price Level

The current market prices of goods and services, reflecting the real value of money and the purchasing power of consumers.

Recessionary Gap

The difference between real GDP when the economy is in a recession and the GDP at full employment, indicating underutilized resources.