Question: Carry out a simulation experiment using a statistical computer package or other software to study the sampling distribution of X when the population distribution is
Carry out a simulation experiment using a statistical computer package or other software to study the sampling distribution of X when the population distribution is lognormal with E(ln(X)) 3 and V(ln(X)) 1. Consider the four sample sizes n 10, 20, 30, and 50, and in each case use 500 replications. For which of these sample sizes does the X sampling distribution appear to be approximately normal?
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