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BMRT 21004 Module 10 HW (20 Points) 2 Pages ROUND ALL ANSWERS TO AT LEAST 4 (FOUR) QUALITY DECIMAL POINTS. THIS INCLUDES PERCENTAGES. IF IT'S UNCLEAR...
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# ROUND ALL ANSWERS TO AT LEAST 4 (FOUR) QUALITY DECIMAL POINTS. THIS INCLUDES PERCENTAGES.

BMRT 21004 Module 10 HW (20 Points) 2 Pages ROUND ALL ANSWERS TO AT LEAST 4 (FOUR) QUALITY DECIMAL POINTS. THIS INCLUDES PERCENTAGES. IF IT'S UNCLEAR TO YOU WHAT THIS MEANS, EMAIL ME AND I'LL EXPLAIN IT TO YOU. HW Problem 23. (5 pts) Suppose a housing subdivision contains a total of 1500 houses with a mean appraised value of \$177,000 with a standard deviation of \$8500. A sample of 100 of those houses is selected randomly and evaluated by an appraiser. What is the probability the sample mean value is greater than \$179,000? HW Problem 24. (5 pts) According to the Bureau of Labor Statistics (BLS), the mean age of fast-food workers in Ohio 24.7 years with a standard deviation of 2.2 years. Assuming the BLS data is correct, if a random sample of 55 Ohio fast-food workers in conducted, what is the probability of obtaining a sample mean of 24 years of age or younger?
HW Problem 25. (5 pts) According to a study by Equifax, 21% of people who have credit cards are within \$500 of the total credit limit on their card. Assume Equifax is correct. If a random sample of 600 credit card users is taken, what is the probability that more than 105 of them are within \$500 of their limit? HW Problem 26. (5 pts) Urban legend has it that 90% of Kent State students break out into a cold sweat when they hear the word "math." A random sample of 400 Kent State Students is taken. What is the probability that fewer than 85% of those sampled will report that they do indeed break out into a cold sweat upon hearing the word "math." Assume the aforementioned urban legend is true.

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