According to the National Association of Colleges and Employers Spring 2019 Salary Survey, the average starting salary for 2018 college graduates was $ 50,004. Suppose that the mean starting salary of all 2018 college graduates was $50, 004 with a standard deviation of $9200, and that this distribution was strongly skewed to the right. Let & be the mean starting salary of 25 randomly selected 2018 college graduates. Find the mean and the standard deviation of the sampling distribution of &. What are the mean and the standard deviation of the sampling distribution of & if the sample size is 100? How do the shapes of the sampling distributions differ for the two sample sizes?
According to the National Association of Colleges and Employers Spring 2019 Salary Survey, the average starting salary for 2018 college graduates was $ 50,004. Suppose that the mean starting salary of all 2018 college graduates was $50, 004 with a standard deviation of $9200, and that this distribution was strongly skewed to the right. Let & be the mean starting salary of 25 randomly selected 2018 college graduates. Find the mean and the standard deviation of the sampling distribution of &. What are the mean and the standard deviation of the sampling distribution of & if the sample size is 100? How do the shapes of the sampling distributions differ for the two sample sizes?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section: Chapter Questions
Problem 6SGR
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