The average score of all pro golfers for a particular course has a mean of 70 and a standard deviation of 3.0. Suppose 36 pro golfers played the course today. Find the probability that the average score of the 36 pro golfers exceeded 71.

2. Major league baseball salaries averaged R3.26 million with a standard deviation of R 1.2 million in a recent year. Suppose a sample of 100 major league players was taken.

2.1 Find the probability that the mean salary of the 100 players exceeded R 3.5 million.

2.2 Find the probability that the mean salary of the 100 players exceeded R 4.0 million.

2.3 Find the probability that the mean salary of the 100 players was no more than R 3.0 million.

2.4 Find the probability that the mean salary of the 100 players was less than R 2.5 million.

2.5 Find P(X ̅<A)=0.9616 find A.

3. According to a survey, only 15% of customers who visited the web site of a major retail store made a purchase. Random samples of size 50 are selected.

3.1 Find the mean of all the sample proportions of customers who will make a purchase after visiting the web site.

3.2 Find the standard deviation of all the sample proportions of customers who will make a purchase after visiting the web site.

3.3 What proportion of the samples will have between 20% and 30% of customers who will make a purchase after visiting the web site?

3.4 What proportion of the samples will have less than 15% of customers who will make a purchase after visiting the web site?

3.5 What is the probability that a random sample of 50 will have at least 30% of customers who will make a purchase after visiting the web site?

3.6 If 90% of the samples will have less than, what percentage of customers who will make a purchase after visiting the web site? [ P(p ̂<k = 0.90 find k]

1 answer

To solve these problems, we will use the Central Limit Theorem (CLT). The CLT states that, for a sufficiently large sample size, the sampling distribution of the sample mean will be normally distributed, regardless of the shape of the population distribution.

Problem 1:

Given:

  • Mean (μ) = 70
  • Standard deviation (σ) = 3.0
  • Sample size (n) = 36

To find the probability that the average score exceeds 71:

  1. Calculate the standard error (SE): \[ SE = \frac{\sigma}{\sqrt{n}} = \frac{3.0}{\sqrt{36}} = \frac{3.0}{6} = 0.5 \]

  2. Convert the score of 71 to a z-score: \[ z = \frac{X - \mu}{SE} = \frac{71 - 70}{0.5} = \frac{1}{0.5} = 2 \]

  3. Use a z-table or calculator to find the probability: \[ P(Z > 2) = 1 - P(Z \leq 2) \approx 1 - 0.9772 = 0.0228 \]

Therefore, the probability that the average score of the 36 pro golfers exceeds 71 is approximately 0.0228.

Problem 2:

Given:

  • Mean (μ) = R3.26 million
  • Standard deviation (σ) = R1.2 million
  • Sample size (n) = 100

2.1 Find the probability that the mean salary of the 100 players exceeds R3.5 million:

  1. Calculate the SE: \[ SE = \frac{\sigma}{\sqrt{n}} = \frac{1.2}{\sqrt{100}} = \frac{1.2}{10} = 0.12 \]

  2. Calculate z: \[ z = \frac{3.5 - 3.26}{0.12} = \frac{0.24}{0.12} = 2 \]

  3. Find the probability: \[ P(Z > 2) = 1 - P(Z \leq 2) \approx 0.0228 \]

2.2 Find the probability that the mean salary exceeds R4.0 million:

  1. Calculate z: \[ z = \frac{4.0 - 3.26}{0.12} = \frac{0.74}{0.12} \approx 6.17 \]

  2. Use the z-table: \[ P(Z > 6.17) \approx 0 \]

2.3 Find the probability that the mean salary is no more than R3.0 million:

  1. Calculate z: \[ z = \frac{3.0 - 3.26}{0.12} = \frac{-0.26}{0.12} \approx -2.17 \]

  2. Find the probability: \[ P(Z < -2.17) \approx 0.0150 \]

2.4 Find the probability that the mean salary is less than R2.5 million:

  1. Calculate z: \[ z = \frac{2.5 - 3.26}{0.12} = \frac{-0.76}{0.12} \approx -6.33 \]

  2. Use the z-table: \[ P(Z < -6.33) \approx 0 \]

2.5 Find \( P(\overline{X} < A) = 0.9616 \):

  1. From z-tables, find the corresponding z-score for 0.9616, approximately z = 1.75.
  2. Solve for A: \[ A = \mu + z \cdot SE = 3.26 + 1.75 \cdot 0.12 \approx 3.26 + 0.21 = 3.47 \]

Problem 3:

Given:

  • Proportion (p) = 0.15
  • Sample size (n) = 50

3.1 Mean of all sample proportions: \[ \mu_{\hat{p}} = p = 0.15 \]

3.2 Standard deviation of all sample proportions: \[ \sigma_{\hat{p}} = \sqrt{\frac{p(1-p)}{n}} = \sqrt{\frac{0.15 \cdot 0.85}{50}} \approx 0.0619 \]

3.3 Proportion of the samples with between 20% and 30% make a purchase:

  1. Calculate z-scores: \[ z_{20%} = \frac{0.20 - 0.15}{0.0619} \approx 0.81 \] \[ z_{30%} = \frac{0.30 - 0.15}{0.0619} \approx 2.42 \]
  2. Find probabilities: \[ P(Z < 0.81) \approx 0.7910 \] \[ P(Z < 2.42) \approx 0.9922 \]
  3. Thus, the proportion of samples: \[ P(0.20 < \hat{p} < 0.30) = P(Z < 2.42) - P(Z < 0.81) \approx 0.9922 - 0.7910 = 0.2012 \]

3.4 Proportion of the samples with less than 15%: Use \( z \) for 0.15: \[ P(Z < 0) = 0.5000 \Rightarrow 0.5 \]

3.5 Probability that at least 30% make a purchase: Use \( z \) for 0.30: \[ P(Z > 2.42) = 1 - 0.9922 \approx 0.0078 \]

3.6 What percentage will have less than what proportion? For ( P(\hat{p} < k) = 0.90:

  1. Find \( z \) corresponding to 0.90, which is approximately \( 1.28 \).
  2. Solve for \( k \): \[ k = \mu_{\hat{p}} + z \cdot \sigma_{\hat{p}} = 0.15 + 1.28 \cdot 0.0619 \approx 0.15 + 0.0795 \approx 0.2295 \]

Summary of Answers:

  1. \( P(\overline{X} > 71) \approx 0.0228 \) 2.1 \( P(\overline{X} > 3.5 \text{ million}) \approx 0.0228 \) 2.2 \( P(\overline{X} > 4.0 \text{ million}) \approx 0 \) 2.3 \( P(\overline{X} \leq 3.0 \text{ million}) \approx 0.0150 \) 2.4 \( P(\overline{X} < 2.5 \text{ million}) \approx 0 \) 2.5 \( A \approx 3.47 \text{ million} \) 3.1 Mean of sample proportions = 0.15 3.2 Standard deviation of sample proportions = 0.0619 3.3 \( P(0.20 < \hat{p} < 0.30) \approx 0.2012 \) 3.4 \( P(\hat{p} < 0.15) \approx 0.5 \) 3.5 \( P(\hat{p} \geq 0.30) \approx 0.0078 \) 3.6 \( k \approx 0.2295 \)