A large corporation employs 25030 individuals. The average income of all employees is $80607, with a standard deviation of $18184 and is skewed to the right. Consider this to be the population distribution. You are given a data set consisting of the incomes of 60 randomly selected employees. • The population mean is pu = • The population standard deviation is o = • The sample size is n = • Since the sample size is relatively large, the Central Limit Theorem tells us that the sample averages should have a sampling distribution that is (O skewed to the rightO approximately normal). • The sampling distribution of the sample means is centered at the (O populationO sample) mean. • The sampling distribution has a standard deviation of SD Round to two Vn decimal places.
A large corporation employs 25030 individuals. The average income of all employees is $80607, with a standard deviation of $18184 and is skewed to the right. Consider this to be the population distribution. You are given a data set consisting of the incomes of 60 randomly selected employees. • The population mean is pu = • The population standard deviation is o = • The sample size is n = • Since the sample size is relatively large, the Central Limit Theorem tells us that the sample averages should have a sampling distribution that is (O skewed to the rightO approximately normal). • The sampling distribution of the sample means is centered at the (O populationO sample) mean. • The sampling distribution has a standard deviation of SD Round to two Vn decimal places.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The mean of all employees is $80,607.
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