Calculate To such that there is a 92% chance of scoring greater than 470 and lower than To. A sample of 400 test takers was selected at random. What is the probability that the average MCAT score of the sampled test takers is less than 499 points? Explain all the steps, including the distribution and its parameters.
In part d, identify the parameter of interest.
Consider the following question: Suppose this time a random sample of 100 registered students was selected.
a) Provide a description of the statistic of interest.
b) Identify the sampling distribution of the statistic above.
What is the probability that more than 25% of the randomly selected students will withdraw?