Question: C7 Q3 V4: Recall that the EXPONENTIAL distribution is right skewed with mean=standard deviation=1/rate. The HISTOGRAM pictured below displays a random sample of 1000 observations

C7 Q3 V4: Recall that the EXPONENTIAL distribution is right skewed with mean=standard deviation=1/rate. The HISTOGRAM pictured below displays a random sample of 1000 observations taken from an EXPONENTIAL population distribution with mean 16. Suppose we were to obtain a new histogram generated from the means column of 1000 random samples of size 64 taken from an EXPONENTIAL population distribution with mean 16 . Choose the MOST CORRECT ANSWER below.

400 300 frequency 200 100 0 10 20 30 40 50 60 70 obs

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