Answer Happy

11:09 PM Tue Jul 5 Online Homework 3.1 - MATH 1342 Young/Ybarra Question 9 of 9 A Sampling Distribution for Average Salary of NFL Players Use StatKey or other technology to generate a sampling distribution of sample means using a sample of size 5 from the YearlySalary values in the dataset NFLContracts2019, which gives the total and yearly money values from the contracts of all NFL players in 2019. Data is given in millions of dollars, and all answers should be given in millions of dollars. Click here for the dataset associated with this question, Click here to access Statkey. (a) What are the smallest and largest YearlySalary values in the population? Round your answers to three decimal places. Smallest value- Largest mean = education wiley.com Largest value- million dollars (b) What are the smallest and largest sample means in the sampling distribution? Choose the most appropriate answer. Smallest mean million dollars million dollars million dollars million dollars (c) What is the standard error (that is, the standard deviation of the sample means) for the sampling distribution for samples of size n = 5? Choose the most appropriate answer. Standard error (d) Generate a new sampling distribution with samples of size = 50. What is the standard error for this sampling distribution? 14%
(d) Generate a new sampling distribution with samples of size n = 50. What is the standard error for this sampling distribution? Choose the most appropriate answer. Standard error- eTextbook and Media Save for Later million dollars Attempts: 0 of 5 used Submit Answ