a. Use a computer to draw 500 random samples, each of size 20, from the normal probability

Question:

a. Use a computer to draw 500 random samples, each of size 20, from the normal probability with mean 80 and standard deviation 15.
b. Find the mean for each sample.
c. Construct a frequency histogram of the 500 sample means.
d. Describe the sampling shown in the histogram in part c, including the mean and standard deviation.
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...