The Better Health Cereal Company produces Healthy Oats cereal. The true mean weight of a box of

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The Better Health Cereal Company produces Healthy Oats cereal. The true mean weight of a box of cereal is 24 oz with a standard deviation of 1 oz. Assume the population is normally distributed. Suppose you purchase eight

boxes of cereal.

(a) What is the mean of the sample mean weight?

(b) What is the standard deviation of the sample mean?

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Related Book For  book-img-for-question

Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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