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4. The population of incomes in a particular community is thought to be highly right-skewed with a mean equal to $49,524
Posted: Thu May 05, 2022 9:16 pm
by answerhappygod
- 4 The Population Of Incomes In A Particular Community Is Thought To Be Highly Right Skewed With A Mean Equal To 49 524 1 (30.75 KiB) Viewed 28 times
4. The population of incomes in a particular community is thought to be highly right-skewed with a mean equal to $49,524 and a standard deviation equal to $6,428. Based on this, if a sample of size n = 64 is selected, the sampling distribution would have a standard deviation equal to the population standard deviation, but the mean of the sampling distribution will be only one-eighth of the population mean. 5. If a population is normally distributed, then the sampling distribution for the sample mean will always be normally distributed only when sample size is at least 30.