Explain whether you think the Rule for Sample Means applies
Explain whether you think the Rule for Sample Means applies to each of the following situations. If it does apply, specify the population of interest and the measurement of interest. If it does not apply, explain why not.
a. A university wants to know the average income of its alumni. Staff members select a random sample of 200 alumni and mail them a questionnaire. They follow up with a phone call to those who do not respond within 30 days.
b. An automobile manufacturer wants to know the average price for which used cars of a particular model and year are selling in a certain state. They are able to obtain a list of buyers from the state motor vehicle division, from which they select a random sample of 20 buyers. They make every effort to find out what those people paid for the cars and are successful in doing so.
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