SOLUTION: Population A consists of all values of invoices of a certain company. The mean of population A is $350 and the standard deviation is $100. Population B consists of all samples of 1
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Question 328698: Population A consists of all values of invoices of a certain company. The mean of population A is $350 and the standard deviation is $100. Population B consists of all samples of 16 values drawn from population A. The mean of population B is?
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
Population A consists of all values of invoices of a certain company. The mean of population A is $350 and the standard deviation is $100.
Population B consists of all samples of 16 values drawn from population A.
The mean of population B is?
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The Central Limit Theorem says u = 350
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Cheers,
Stan H.
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