Question: A random variable is normally distributed with mean 5 $1500 and standard deviation 5 $100. Determine the standard error of the sampling distribution

A random variable is normally distributed with mean

5 $1500 and standard deviation 5 $100. Determine the standard error of the sampling distribution of the mean for simple random samples with the following sample sizes:

a. n 5 16

b. n 5 100

c. n 5 400

d. n 5 1000

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