A large retirement community has a current population more than 5,000 residents. The distribution of ages of all residents is left skewed with a mean of 65.5 years and a standard deviation of 12.5 year. Suppose you are to conduct a survey and take a random sample of 100 residents of the community. Which of the following corretly describe how to find the probability that you obtain a sample mean age that is younger than 64 years? a) Find the area to the left of z = -0.12 under a standard normal curve. b) Find the area to the right of z = -1.2 under a standard normal curve. c) Find the area to the left of z = -1.2 under a standard normal curve. d) Find the area to the right of z = -0.12 under a standard normal curve. e) None of above

c) Find the area to the left of z = -1.2 under a standard normal curve.

Step-by-step explanation:

To solve this question, we need to understand the normal probability distribution and the central limit theorem.

Normal probabiliy distribution

In a set with mean and standard deviation , the zscore of a measure X is given by:

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X, or the area to the left of Z in the normal curve. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X, which is the area to the right of Z in the normal curve.

Central limit theorem:

The Central Limit Theorem estabilishes that, for a random variable X, with mean and standard deviation , the sample means with size n of at least 30 can be approximated to a normal distribution with mean and standard deviation

In this problem, we have that:

Which of the following corretly describe how to find the probability that you obtain a sample mean age that is younger than 64 years?

Area to the left of z when X = 64 under the standard normal curve. We have to find Z.

Applying the Central Limit Theorem

So the correct answer is:

c) Find the area to the left of z = -1.2 under a standard normal curve.

savings account is an account only used for saving money. this acts as an emergency source of funding for an individual. answer a would result in the money in his account to grow as it specifically states that interest is compounded daily at the rate of 2%

step-by-step explanation:

answer: 5

step-by-step explanation:

since, the range is the difference between the lowest and highest values of the given sample space.

and, here the sample space = { 3, 1, 0, 4, 1, 4, 2, 3, 0, 5, 0, 1, 1, 2, 0, 4, 1,4, 4 ,2 ,3 ,2 ,0 ,1 ,4 }

here, the highest value of the given sample = 5

and, the lowest value = 0

therefore, the range of the sample space = 5 - 0 = 5