SOLUTION: The mean price of photo printers o website is $235 with a standard deviation of $62. Random samples of size 20 are randomly drawn from this population and the mean of each sample i
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Question 456846: The mean price of photo printers o website is $235 with a standard deviation of $62. Random samples of size 20 are randomly drawn from this population and the mean of each sample is determined. Find the mean and the standard deviation of the sampling distribution.
Answer by edjones(8007) (Show Source): You can put this solution on YOUR website!
mean=235
standard deviation=62/sqrt(20)=13.86
.
Ed
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