Question: Wealth is normally distributed, or is it? Ask one individual in your group to disclose the amount of cash he or she is carrying, then
Wealth is normally distributed, or is it? Ask one individual in your group to disclose the amount of cash he or she is carrying, then ask group members how confident they are that this amount represents the group average. Ask a second individual, a third, and so on, recording each dollar amount from lowest to highest.
As you record each new amount, calculate and record the mean value for the group, as shown in Exhibit
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