Answer:
B. 4.73 and 4.97
Explanation:
To solve this question, we need to understand the Empirical Rule and the Central Limit Theorem.
Empirical Rule:
The Empirical Rule states that, for a normally distributed random variable:
Approximately 68% of the measures are within 1 standard deviation of the mean.
Approximately 95% of the measures are within 2 standard deviations of the mean.
Approximately 99.7% of the measures are within 3 standard deviations of the mean.
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.
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.
Standard deviation of 0.92, sample of 500:
This means that
By the central limit theorem, which interval do 99.7% of the sample means fall within?
Within 3 standard deviations of the mean. So
4.85 - 3*0.04 = 4.85 - 0.12 = 4.73
4.85 + 3*0.04 = 4.85 + 0.12 = 4.97
So, option B.