Data Set 24 in Appendix B includes a sample of FICO credit rating scores from randomly selected
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Data Set 24 in Appendix B includes a sample of FICO credit rating scores from randomly selected consumers. If we investigate this sample by constructing a histogram and finding the sample mean and standard deviation, are we investigating the sampling distribution of the mean? Why or why not?
DistributionThe 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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