A random sample of size n 50 is taken from a population with mean 9 5 and standard deviation 2 a Calculate the expected value and the standard error for the sampling distribution of the sample mean b What is the probability that the sample mean is less than 210 c What is the probability that the sa...

A random sample of size n = 50 is taken from a population with mean =

Question:

A random sample of size n = 50 is taken from a population with mean µ = - 9.5 and standard deviation σ =2.
a. Calculate the expected value and the standard error for the sampling of the sample mean.
b. What is the probability that the sample mean is less than 210?
c. What is the probability that the sample mean falls between 210 and 29?

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...