Questions: A survey of students at a university shows that 45% have a job. In a random sample of 700 students, find the mean and standard deviation for the number of students who have a job.
Transcript text: A survey of students at a university shows that $45 \%$ have a job. In a random sample of 700 students, find the mean and standard deviation for the number of students who have a job.
Solution
Solution Steps
Step 1: Calculate the Mean
The mean (\(\mu\)) for the number of students who have a job in a sample of 700 students, where 45% have a job, is calculated using the formula:
\[
\mu = n \cdot p
\]
where \(n = 700\) and \(p = 0.45\).
\[
\mu = 700 \cdot 0.45 = 315
\]
Step 2: Calculate the Standard Deviation
The standard deviation (\(\sigma\)) is calculated using the formula:
\[
\sigma = \sqrt{n \cdot p \cdot (1 - p)}
\]
where \(n = 700\), \(p = 0.45\), and \(1 - p = 0.55\).
The mean and standard deviation for the number of students who have a job in a sample of 700 students are:
\[
\mu = 315, \quad \sigma \approx 13.1624
\]
Thus, the correct answer is:
\[
\boxed{\text{C}}
\]