Suppose you were to draw all possible samples of size 36 from a large population with a
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a. Sketch a graph of the sampling distribution that you would expect to produce and center it properly.
b. What % of the x values in the sampling distribution would be within ± 1 standard deviation (that is, within ±1σx–) of the center of the distribution within 2 standard deviations?
c. If you were to randomly select one sample of size 36 from the population here, how likely is it that the sample mean would have a value between 645 and 655 a value greater than 660? Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Related Book For
Understanding Business Statistics
ISBN: 978-1118145258
1st edition
Authors: Stacey Jones, Tim Bergquist, Ned Freed
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