Q 7.69.

Question

Teacher Salaries. Data on salaries in the public school system are published annually in Ranking of the States and Estimates of School Statistics by the National Education Association. The mean annual salary of (public) classroom teachers is \(55.4 thousand. Assume a standard deviation of \)9.2 thousand. Do the following tasks for the variable "annual salary" of classroom teachers.

a. Determine the sampling distribution of the sample mean for samples of size 64 Interpret your answer in terms of the distribution of all possible sample mean salaries for samples of 64 classroom teachers.

b. Repeat part (a) for samples of size 256

c. Do you need to assume that classroom teacher salaries are normally distributed to answer parts (a) and (b)? Explain your answer.

d. What is the probability that the sampling error made in estimating the population means salary of all classroom teachers by the mean salary of a sample of 64 classroom teachers will be at most \(1000 ?

e. Repeat part (d) for samples of size \)256

Step-by-Step Solution

Verified
Answer

Part (a) Mean is $49.0 and the standard deviation is $ 1.15

Part (b)  Mean is $49.0 and the standard deviation is $0.575

Part (c) Classroom teacher salaries are normally distributed to answer parts.

Part (d) The risk of making a sampling mistake in predicting the population mean wage of a sample of 64 classroom teachers 0.6156 is $1000

Part (e) The probability of making a sampling error in estimating the population means a sample of 64 classroom instructors' income  will be at most 0.9182

1Part (a) Step 1: Given information

Teachers in (public) classrooms earn an average yearly income of $49.0thousand dollars. Assume a $9.2 thousand standard deviation.

The "annual pay" of classroom teachers is the variable of concern here. We have μ=49 and σ=9.2 based on the above data.

2Part (a) Step 2: Concept

Formula used: 

3Part (a) Step 3: Calculation

For samples of size 64, the sampling distribution of the sample mean is as follows: Size of the sample, n=64

Mean of x¯

μx¯=μ=$49.0

Standard deviation of x¯

σx¯=σn=9.264=9.28=$1.15

The mean and standard deviation of all possible sample mean wages for samples of 64 class teachers are $49 and $1.15, respectively, for samples of size 64

4Part (b) Step 1: Calculation

For samples of size 256, the sampling distribution of the sample mean is as follows: The sample size is n=256

Mean of x¯,μx=μ

=$49.0

Standard deviation of x¯,

σx¯==σn=9.2256=9.216=$0.575

The mean and standard deviation of all potential sample means salaries for samples of 64 class teachers are $49.0 thousand and $0.575 thousand, respectively, for samples of size 64

5Part (c) Step 1: Explanation

(c) There's no need to presume that classroom instructor salaries are spread evenly throughout answer parts.

(a) and (b) are due to the huge size of the samples n30

6Part (d) Step 1: Calculation

The likelihood that the average classroom teacher wage will be at least $1000,

P(|X¯-μ|1)=P|X¯-μ|σ/n19.2/64=P|Z|<11.15=P(-0.87<Z<0.87) =P(Z<0.87)-P(Z<-0.87)=0.8078-0.1922=0.6156

As a result, the risk of making a sampling mistake in predicting the population mean wage of a sample of 64 classroom teachers $1000 is 0.6156

7Part (e) Step 1: Calculation

 Suppose samples of size, n=256

The likelihood that the average classroom teacher wage will be at least $1000,

P(|X¯-μ|1)=P|X¯-μ|σ/n19.2/256=P|Z|<10.575P(|Z|<1.74)=P(-1.74<Z<1.74)

=P(Z<1.74)-P(Z<-1.74)=0.9591-0.0409=0.9182

As a result, the probability of making a sampling error in estimating the population means a sample of 256 classroom instructors' income 0.9182 will be at most $1000