Recently, the average amount of time to foreclose on a house in the U. S. was reported to be 359 days. Assume that the standard deviation for this population is 90.4 days. A random sample of 42 homes that have completed the foreclosure process was selected. What is the probability that the sample average was less than 375 days?

87.49% probability that the sample average was less than 375 days

Step-by-step explanation:

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

Normal probability distribution

Problems of normally distributed samples are solved using the z-score formula.

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. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

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

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

In this question, we have that:

What is the probability that the sample average was less than 375 days?

This is the pvalue of Z when X = 375. So

By the Central Limit Theorem

has a pvalue of 0.8749.

87.49% probability that the sample average was less than 375 days

correct answer is infinitely many solutions

step-by-step explanation:

2(2x + 3) = -4 + 2(2x + 5)

solving the above equation:

4x + 6 = -4 +4x +10

combining like terms

4x -4x = -4+10-6

0=0

since both sides are 0=0, we end up into true statement it means it has infinite many solutions.

so correct answer is infinitely many solutions

b. 1.25 hr

step-by-step explanation:

if you have a constant speed of 60 mph, then you have a ratio between 60 mi. to 1 hr. dividing both sides by 60 we get the ratio

1 mi. to

then mult. both sides by 75 we get the ratio

75 mi. to

simplifying we get

75 mi. to

or 1.25 hr.