Math Problem Statement

Employees at a regional hospital spend an average of $6 per day on lunch, with a standard deviation $4. A simple random sample of 100 employees is studied.

(a)

What is the expected value of the sampling distribution of the sample mean?

$

What is the standard deviation of the sampling distribution of the sample mean? (Round your answer to the nearest cent.)

$

What is the shape of the sampling distribution of the sample mean?

skewed to the rightexponential    uniformskewed to the leftnormal

(b)

What is the probability that the sample mean will be at least $5.00? (Round your answer to four decimal places.)

(c)

What is the probability that the sample mean will be at least $6.50? (Round your answer to four decimal places.)

Solution

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Math Problem Analysis

Mathematical Concepts

Sampling Distribution
Central Limit Theorem
Normal Distribution
Z-scores
Probability

Formulas

Expected value of sample mean: μ_x̄ = μ
Standard deviation of sample mean: σ_x̄ = σ / √n
Z-score formula: z = (x - μ) / σ

Theorems

Central Limit Theorem

Suitable Grade Level

Grades 10-12 (Advanced High School Statistics or Introductory College-Level Statistics)