The most typical or average value among a group of numbers is called the mean. It is a statistical measure of a probability distribution's central tendency along the median and mode. It also goes by the name "anticipated value."
Steel rods are produced by a firm. The lengths of the steel rods have a mean of 140.9 cm and a standard deviation of 1 cm, and they are regularly distributed. 22 steel rods are packaged together for shipping. determine the likelihood that the average length of a bundle of steel rods chosen at random is less than 140.7 cm.
mean is N (M) (109,1.6)
Looking for P(M 108.7) to P(z ???) conversion utilizing N(0,1) z-statistic transformation
P(z [M - population mean]/[SD/square root(sample size)]) = P(z [108.7-109)/[1.6/sqrt(27)] = P(z -0.974] = 0.165.
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