Martina Levitt, director of marketing for the messaging app Spontanversation, has been assigned the task of profiling

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Martina Levitt, director of marketing for the messaging app Spontanversation, has been assigned the task of profiling users of this app. Assume that individuals who have downloaded Spontanversation use the app an average of 30 times per day with a standard deviation of 6.
a. What is the sampling distribution of x if a random sample of 50 individuals who have downloaded Spontanversation is used?
b. What is the sampling distribution of x if a random sample of 500,000 individuals who have downloaded Spontanversation is used?
c. What general statement can you make about what happens to the sampling distribution of x̅ as the sample size becomes extremely large? Does this generalization seem logical? Explain.
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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Modern Business Statistics With Microsoft Excel

ISBN: 9781337115186

6th Edition

Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran

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