3- The average household mortgage debt was $165000 in a city. Suppose that the current distribution of mortgage debts of
Posted: Mon Nov 15, 2021 9:57 am
2- According to the National Association of Colleges and Employers Spring 2015 Salary Survey, the average starting salary for 2014 college graduates was $48127. Suppose that the mean starting salary of all 2014 college graduates was $48127 with a standard deviation of $9200, and that this distribution was strongly skewed to the right (not normal). Let be the mean starting salary of 50 randomly selected 2014 college graduates. Find the mean and the standard deviation of the sampling distribution of. How does the shape of the sampling distribution differ?