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$213.748 (in billions). Use the normal distribution to estimate the number of countries with less than $100 (in billions). Compare that estimate with the actual number. Comment on the accuracy of your estimate. en μ = 136.020(billions), sigma = 213.748 (billions) P(X < 100 billions) = P... 52(???) ??? countries (estimate) actual number of countries <100 bill = ??? countries. etween ?? countries (actual) and ??? countries (estimate), the estimate is off by ?? ntries. Is it a good estimate?

$213.748 (in billions). Use the normal distribution to estimate the number of countries with less than $100 (in billions). Compare that estimate with the actual number. Comment on the accuracy of your estimate. en μ = 136.020(billions), sigma = 213.748 (billions) P(X < 100 billions) = P... 52(???) ??? countries (estimate) actual number of countries <100 bill = ??? countries. etween ?? countries (actual) and ??? countries (estimate), the estimate is off by ?? ntries. Is it a good estimate?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 22SGR
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6. The population mean of exports (in billions) is $136.020 with a standard deviation of $213.748 (in billions). Use the normal distribution to estimate the number of countries with less than $100 (in billions). Compare that estimate with the actual number. Comment on the accuracy of your estimate. Given μ = 136.020(billions), sigma = 213.748 (billions) P(X 100 billions) = P... So, 62(???) ??? countries (estimate) The actual number of countries <100 bill = ??? countries. So between ?? countries (actual) and ??? countries (estimate), the estimate is off by ?? countries. Is it a good estimate?
Transcribed Image Text:6. The population mean of exports (in billions) is $136.020 with a standard deviation of $213.748 (in billions). Use the normal distribution to estimate the number of countries with less than $100 (in billions). Compare that estimate with the actual number. Comment on the accuracy of your estimate. Given μ = 136.020(billions), sigma = 213.748 (billions) P(X 100 billions) = P... So, 62(???) ??? countries (estimate) The actual number of countries <100 bill = ??? countries. So between ?? countries (actual) and ??? countries (estimate), the estimate is off by ?? countries. Is it a good estimate?
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