Question: A startup firm that specializes in search engine optimization wants to study the rates that other firms charge for similar services. Past data reveals that

A startup firm that specializes in search engine optimization wants to study the rates that other firms charge for similar services. Past data reveals that the hourly charge for a website optimization service has a mean of $24 with standard deviation $6. The normal distribution for the population is shown by the dotted black line. The agency plans to take a random sample of 35 such services and will calculate the mean hourly rate of the sample to compare to the known hourly rate. Compute the the mean and standard deviation of the sampling distribution of sample means for a sample of size 35. Round your answers to the nearest tenth. what is the Mrsn snd Standard Distribution

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