Use a statistical software package to generate 100 random samples of size n 2 from a population characterized by a normal probability distribution with a mean of 100 and a standard deviation of 10 Compute x bar for each sample, and plot a frequency distribution for the 100 values of x bar Repeat th...

One hundred samples of size n 2 were selected from a normal distribution with a mean ...

Use a statistical software package to generate 100 random samples of size n = 2 from a

Question:

Use a statistical software package to generate 100 random samples of size n = 2 from a population characterized by a normal probability with a mean of 100 and a standard deviation of 10. Compute x-bar for each sample, and plot a frequency for the 100 values of x-bar. Repeat this process for n = 5, 10, 30, and 50. How does the fact that the sampled population is normal affect the sampling of x-bar?
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...