Math Problem Statement

A population of values has a normal distribution with  and . You intend to draw a random sample of size . Please answer the following questions, and show your answers to 1 decimal place.

Find P53, which is the value (X) separating the bottom 53% values from the top 47% values. P53 (for population) =

Find P53, which is the sample mean () separating the bottom 53% sample means from the top 47% sample means. P53 (for sample means) =

Solution

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Math Problem Analysis

Mathematical Concepts

Statistics
Normal Distribution
Z-Scores
Sampling Distribution

Formulas

P53 (for population) = μ + z * σ
P53 (for sample means) = μ + z * (σ / sqrt(n))

Theorems

Central Limit Theorem
Properties of the Normal Distribution

Suitable Grade Level

Grades 11-12 / Introductory College Statistics