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Problem 1 in a population microy 100 and sigma2y 43 use


Problem 1: In a population µy = 100 and σ2y = 43. Use the central limit theorem to answer the following question:

a. In a random sample of size n = 20, find Pr(Y<101).

b. In a random sample of size n = 100, find Pr (Y < 101). Compare the answer from parts a) and b) and comment on your findings.

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Business Economics: Problem 1 in a population microy 100 and sigma2y 43 use
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