From the US Census, we learn that the average age of all US residents is 36.78 years

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From the US Census, we learn that the average age of all US residents is 36.78 years with a standard deviation of 22.58 years. Find the mean and standard deviation of the distribution of sample means for age if we take random samples of US residents of size:
(a) n = 10
(b) n = 100
(c) n = 1000

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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Statistics Unlocking The Power Of Data

ISBN: 9780470601877

1st Edition

Authors: Robin H. Lock, Patti Frazer Lock, Kari Lock Morgan, Eric F. Lock, Dennis F. Lock

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