Question: Our histogram of sample statistic values (i.e. the sampling distribution) will be normally distributed (follow a normal curve) if the underlying population values are normally

Our histogram of sample statistic values (i.e. the sampling distribution) will be normally distributed (follow a normal curve) if the underlying population values are normally distributed. The sampling distribution will also be normally distributed -- even if the underlying population values are not normally distributed -- as long as certain other criteria are met. In the questions that follow, you will be asked to determine if the histogram of the given sample statistic (i.e. the sampling distribution) follows a normal curve. Using what you know about these criteria answer the following questions.

A kitchen cabinet business has primarily homeowners as customers, but the business also has a few customers who are developers that build multi-unit condominiums. Overall, the average sale is $20,000, with a median sale of $10,000. Which of the following would be closest to a normal distribution??

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

6. Match each of the following statements with the terms and values below: 1.The sampling distribution of the sample mean becomes approximately normal asnnbecomes large 2. (Upper confidence limit -...

ID Salary Compa- Midpoint ratio Age Performance Service Gender Rating Raise Degree Gender Grade 1 Copy Employee Data set to this page. The ongoing question that the weekly assignments will focus on...

1. Suppose the amount of cola dispensed by a filling machine follows a normal distribution with a mean () and a standard deviation (). Select the Calculators option in the Stat menu and then the...

Is the national crime rate really going down? Some sociologists say yes! They say that the reason for the decline in crime rates in the 1980s and 1990s is demographics. It seems that the population...

7. [-/4.08 Points] Is the national crime rate really going down? Some sociologists say yes! They say that the reason for the decline in crime rates in the 1980s and 1990s is demographics. It seems...

*** I ONLY NEED THE ANSWER FOR QUESTION 4, HOWEVER; I HAVE PUT ALL THE QUESTIONS IN FOR REFERENCE ALONG WITH THE REQUIRED DATA *** How Much Cola in the Bottle? These days, soft drink dispensing soft...

Final Exam with numbers and answer choices removed Module # in red below The numbers given were replaced by X1, X2, X3, etc 1. Find the number of successes X1, suggested by the given statement: A...

Please see the attached, thank you 1.Let x be a continuous random variable. What is the probability that x assumes a single value, such as a (use numerical value)? 2. The following are the three main...

Using Matlab******** Download the data file Class_09_Homework mat from eCampus. Plot a histogram (Figure 1) in MATLAB to determine if the data is normally distributed. Calculate the population mean,...

**This is timed. Don't take longer than 100 min to answer** Use a t-test to test the claim about the population mean u at the given level of significance a using the given sample Question list K...

Figure shows a proton moving at velocity v = (-200 m/s) j toward a long straight wire with current i = 350 mA. At the instant shown, the proton's distance from the wire is d = 2.89 cm. In unit-vector...

Media Music Inc is expected to pay an annual dividend next year of $6.25 a share, a dividend in Year 2 of $6.63, a dividend in Year 3 of $7.02, a dividend in Year 4 of $7.44, and a dividend in Year 5...

Eds Drive - In had $ 1 7 5 , 0 0 0 of current assets and $ 8 0 , 0 0 0 of current liabilities before borrowing $ 6 0 , 0 0 0 from the bank with a 3 monath note payabie. what effect $ 4 the borrowing...

2023 1040 form 1.Phillip and Claire are married and file a joint return. Phillip is self-employed as a real estate agent, and Claire is a flight attendant. Phillip and Claire have three dependent...