Suppose that the age of a randomly selected business major can be considered to be a random variable with mean 20 years and standard deviation 2 years. A group of 64 business majors is selected at random and their average age x¯ is calculated. a) What is the approximate sampling distribution of x¯and why?
Contingency Table
A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.
Binomial Distribution
Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.
5. Suppose that the age of a randomly selected business major can be considered to be a random variable with mean 20 years and standard deviation 2 years. A group of 64 business majors is selected at random and their average age x¯ is calculated.
a) What is the approximate sampling distribution of x¯and why?
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