For the samples described in Exercise 6, the sample means will vary less than the original incomes.
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For the samples described in Exercise 6, the sample means will vary less than the original incomes.
Does It Make Sense? For Exercises, determine whether the statement makes sense (or is clearly true) or does not make sense (or is clearly false). Explain clearly; not all of these have definitive answers, so your explanation is more important than your chosen answer.
Exercise 6
The distribution of incomes of adults is a rightskewed distribution. Therefore, if we select many samples of 64 incomes at random from this distribution, the means of these samples will also have a right-skewed distribution.
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Related Book For
Statistical Reasoning For Everyday Life
ISBN: 978-0134494043
5th Edition
Authors: Jeff Bennett, William Briggs, Mario Triola
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