Suppose the average salary for a data scientist is $83,105 with a standard deviation of $10,503. What is the probability that the mean salary of 31 randomly selected data scientists is less than $80,000.

Respuesta :

Answer:0.0499

Step-by-step explanation:

Let x be a random variable that represents the salary for a data scientist.

Given: Average salary for a data scientist [tex]\mu=\$83105[/tex]

standard deviation [tex]\sigma=\$10503[/tex]

Sample size : n= 31

The probability that the mean salary of 31 randomly selected data scientists is less than $80,000.

[tex]P(\overline{X}<80000)=P(\dfrac{\overline{x}-\mu}{\dfrac{\sigma}{\sqrt{n}}}<\dfrac{80000-83105}{\dfrac{10503}{\sqrt{31}}})\\\\=P(z<-1.646)\ \ \ [z=(\dfrac{\overline{x}-\mu}{\dfrac{\sigma}{\sqrt{n}}}]\\\\=1-P(z<1.646)\ \ \ [P(Z<-z)=1-P(Z<z)]\\\\=1-0.9501= 0.0499[/tex]

Hence, the required probability = 0.0499.