When a random variable X representing student's weekly expenditure at grocery stores is distributed as X ~ N(67, 784), a sample mean calculated for a sample of 25 students is, A. normally distributed with mean 67 and variance 31.36. B. normally distributed with mean 67 and variance 28. O C. normally distributed with mean 67 and variance 156.80. D. normally distributed with mean 67 and variance 784.
When a random variable X representing student's weekly expenditure at grocery stores is distributed as X ~ N(67, 784), a sample mean calculated for a sample of 25 students is, A. normally distributed with mean 67 and variance 31.36. B. normally distributed with mean 67 and variance 28. O C. normally distributed with mean 67 and variance 156.80. D. normally distributed with mean 67 and variance 784.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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