Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Math & Sciences (https://www.askmehelpdesk.com/forumdisplay.php?f=402)
-   -   Canadian Income per Capita. In 2008, the mean income per capita measured in US$ was (https://www.askmehelpdesk.com/showthread.php?t=616435)

  • Dec 2, 2011, 01:31 PM
    steadfast911
    Canadian Income per Capita. In 2008, the mean income per capita measured in US$ was
    Canadian Income per Capita. In 2008, the mean income per capita measured in US$ was $31639 in Canada and $40807 in Norway.
    Let us assume that income per capita is Normally distributed with standard deviation equal to 31% of the mean for each country. You select a random sample of 6 people in Normally and 6people in Canada.
    a) What is the probability that the mean income of your Canadian sample is above $40807?
    b) What is the probability that the mean income of your Norwegian sample is above $31639?
    c) What would be the effect of not assuming that the income per capita is normally distributed?

  • All times are GMT -7. The time now is 02:25 AM.