For the class of 2010, the average score on the Mathematics portion of the SAT (Scholastic Aptitude

Question:

For the class of 2010, the average score on the Mathematics portion of the SAT (Scholastic Aptitude Test) is 516 with a standard deviation of 116. Find the mean and standard deviation of the distribution of mean scores if we take random samples of 100 scores at a time and compute the sample means.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...

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