An apple producer sells their product in bags that each contain 16 apples. These apples have a mean weight of 80 grams and a standard deviation of 5 grams. Suppose that each bag represents an SRS of apples, and you calculate the mean weight of the apples in each bag. Calculate the mean and standard deviation of the sampling distribution of x.

MATLAB: An Introduction with Applications
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  1. An apple producer sells their product in bags that each contain 16 apples. These apples have a mean weight of 80 grams and a standard deviation of 5 grams. Suppose that each bag represents an SRS of apples, and you calculate the mean weight of the apples in each bag. Calculate the mean and standard deviation of the sampling distribution of x.
  2. A survey of attendance records shows that high school seniors average 10.5 sick days per school year with a standard deviation of 5.25 days. In an effort to reduce the number of absences, a high school principal offers $50 to each senior who has perfect attendance for the school year. The principal asks for $500 from the school board to fund his idea. If there are 350 students in the senior class, will he have enough money? Provide mathematical reasoning to defend your answer.

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