Find the Indicated Probability or Percentage for the Sampling Error

question 59

Multiple Choice

Find the indicated probability or percentage for the sampling error.
-The distribution of weekly salaries at a large company is right skewed with a mean of $1000 and a standard deviation of $350. What is the probability that the sampling error made in estimating the Mean weekly salary for all employees of the company by the mean of a random sample of weekly
Salaries of 50 employees will be at most $50?

• A)0.3124
• B)0.6876
• C)0.3438
• D)Cannot be determined, because the distribution of the population is not normal.

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Definitions:

Heredity

The passing of genetic traits from parents to offspring, determining certain characteristics of the individual.

Intelligence

The ability to learn from experience, adapt to new situations, understand and handle abstract concepts, and use knowledge to manipulate one's environment.

Identical Twins

Twins that originate from a single fertilized egg, sharing the same genetic material and typically having very similar appearances.

Mild

A descriptor indicating something that is gentle or not severe in intensity or effect.