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If all possible samples of the same (large) size are selected from a population, what percentage of all the sample means will be within \(2.5\) standard deviations \(\left(\sigma_{\bar{x}}\right)\) of the population mean?

Short Answer

Expert verified
Approximately 99.38% of all sample means will be within 2.5 standard deviations of the population mean.

Step by step solution

01

Understanding the problem

Here, it is asked what percentage of all the sample means will be within 2.5 standard deviations of the population mean. We know that this matches with the concept of standard normal distribution or Z-distribution.
02

Application of empirical rule

The empirical rule or the 68-95-99.7 rule guides us about the percentage of data lying within certain number of standard deviations. Unfortunately, it does not provide a direct percentage for 2.5 standard deviations.
03

Find exact percentage

To find out the exact percentage, use a standard normal distribution table (Z-table) or use a statistical calculator. In a Z-table for value of 2.5, we find that approximately 99.38% of data lie within +2.5 and -2.5 standard deviations of the mean.

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