The population of incomes in a particular community is thought to be highly right-skewed with a mean equal to $36,789 and a standard deviation equal to $2,490. Based on this, if a sample of size n = 36 is selected, the sampling distribution would have a mean equal to the population mean, but the standard deviation of the sampling distribution will be one-sixth of the population standard deviation. Select one: True
The population of incomes in a particular community is thought to be highly right-skewed with a mean equal to $36,789 and a standard deviation equal to $2,490. Based on this, if a sample of size n = 36 is selected, the sampling distribution would have a mean equal to the population mean, but the standard deviation of the sampling distribution will be one-sixth of the population standard deviation. Select one: True
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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The population of incomes in a particular community is thought to be highly right-skewed with a mean equal to $36,789 and a standard deviation equal to $2,490. Based on this, if a sample of size n = 36 is selected, the sampling distribution would have a mean equal to the population mean, but the standard deviation of the sampling distribution will be one-sixth of the population standard deviation.
Select one:
True
False
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