Question A donut shop that specializes in unique donuts made from potatoes wants to learn more about their business costs. Past data reveals that the cost for fifty pounds of potatoes has a mean of $75 with standard deviation $13. The normal distribution for the population is shown by the dotted black line. The donut shop plans to take a random sample of 31 such fifty pound bags of potatoes and will calculate the mean cost of the sample to compare to the known cost. Compute the mean and standard deviation of the sampling distribution of sample means for a sample of size 31. Round your answers to the nearest tenth. Show your answer by moving the two draggable points to build the sampling distribution. Sorry, that's incorrect. Try again? -0-2- -0-15- -0-1- 0:05- 60 The population has a normal distribution- with mean 75 and standard deviation 13. 65 70 75 75 80 85 90

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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**Question:**

A donut shop that specializes in unique donuts made from potatoes wants to learn more about their business costs. Past data reveals that the cost for fifty pounds of potatoes has a mean of $75 with a standard deviation of $13. The normal distribution for the population is shown by the dotted black line.

The donut shop plans to take a random sample of 31 such fifty-pound bags of potatoes and will calculate the mean cost of the sample to compare to the known cost. Compute the mean and standard deviation of the sampling distribution of sample means for a sample of size 31. Round your answers to the nearest tenth.

Show your answer by moving the two draggable points to build the sampling distribution.

**Diagram Explanation:**

The diagram features a line graph representing a normal distribution. The population has a normal distribution with a mean (
Transcribed Image Text:**Question:** A donut shop that specializes in unique donuts made from potatoes wants to learn more about their business costs. Past data reveals that the cost for fifty pounds of potatoes has a mean of $75 with a standard deviation of $13. The normal distribution for the population is shown by the dotted black line. The donut shop plans to take a random sample of 31 such fifty-pound bags of potatoes and will calculate the mean cost of the sample to compare to the known cost. Compute the mean and standard deviation of the sampling distribution of sample means for a sample of size 31. Round your answers to the nearest tenth. Show your answer by moving the two draggable points to build the sampling distribution. **Diagram Explanation:** The diagram features a line graph representing a normal distribution. The population has a normal distribution with a mean (
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