Question: Refer to Exercise 4.77. Describe the sampling distribution for the sample sum yi. Is it unlikely (improbable) that yi would be more than 70 units
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A random sample of 16 measurements is drawn from a population with a mean of 60 and a standard deviation of 5. Describe the sampling distribution of y-bar, the sample mean. Within what interval would you expect y to lie approximately 95% of the time?
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