A Random Sample of Size 36 Is Taken from a Population

question 94

Multiple Choice

A random sample of size 36 is taken from a population with mean µ = 17 and standard deviation σ = 6.The probability that the sample mean is between 15 and 18 is _______.

• A) 0.0228
• B) 0.8185
• C) 0.8413
• D) 0.8641

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Definitions:

Joseph Stiglitz

An American economist and a professor at Columbia University, known for his critical view on the management of globalization and neoliberal policies.

IMF

The International Monetary Fund, an organization aimed at fostering global monetary cooperation and financial stability, facilitating international trade, and reducing poverty.

Economic Growth

Growth in an economy's goods and services production over a specific period, often assessed through the Gross Domestic Product.

IMF

The International Monetary Fund (IMF) is an international organization that aims to promote global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.