Question: Using the probability distribution, you can also determine that the expected price for each customer is cents, and the standard deviation is cents. Suppose that
Using the probability distribution, you can also determine that the expected price for each customer is cents, and the standard deviation is cents. Suppose that the owner is interested in the average price paid for a sample of 100 customers. (Let's denote this average price by .)What is the average value of the sampling distribution of sample means? What is the standard deviation
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