Use the Central Limit Theorem to find the mean and standard error of the mean of the indicated sampling distribution. The monthly rents for studio apartments in a certain city have a mean of $1,060 and a standard deviation of $200. Random samples of size 50 are drawn from the population and the mean of each sample is determined. Round the answers to the nearest hundredth. O A. $149.91, $28.28 O B. $149.91, $200.00 OC. $1,060.00, $4.00 O D. $1,060.00, $28.28
Use the Central Limit Theorem to find the mean and standard error of the mean of the indicated sampling distribution. The monthly rents for studio apartments in a certain city have a mean of $1,060 and a standard deviation of $200. Random samples of size 50 are drawn from the population and the mean of each sample is determined. Round the answers to the nearest hundredth. O A. $149.91, $28.28 O B. $149.91, $200.00 OC. $1,060.00, $4.00 O D. $1,060.00, $28.28
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Transcribed Image Text:Use the Central Limit Theorem to find the mean and standard error of the mean of the indicated sampling distribution.
The monthly rents for studio apartments in a certain city have a mean of $1,060 and a standard deviation of $200. Random samples of size 50 are drawn from the
population and the mean of each sample is determined. Round the answers to the nearest hundredth.
O A. $149.91, $28.28
O B. $149.91, $200.00
OC. $1,060.00, $4.00
O D. $1,060.00, $28.28
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