7. Correct. The answer is true
Let
mA = 15 years, mB = 7 years
sA = 5 years, sB = 2 years
nA = 10, nB
= 10
XA - XB = 8 years
Difference in means
is given by;
mA-B = 15 - 7 = 8 years
Difference in
standard deviation is given by
Standardized
variable for the difference in the means is given by;
Z = [(XA
- XB) - (mA - mB)] / sA-B
Z = [10-8] / 1.703 =
1.17
Required probability
= (area under normal curve to the right of Z = 1.17)
= 0.5 - 0.3790 =
0.121
Therefore, the
probability that the Chilean copper mines have a mean lifetime at least 10 years
greater than that of their Australian counterparts is 0.121.