Question

Sales volume last weekend for four samples, each consisting of five car dealerships, were as follows:...

Sales volume last weekend for four samples, each consisting of five car dealerships, were as follows:

Data Point 1 2 3 4 5
Sample 1 37 15 43 25 21
Sample 2 38 31 12 19 28
Sample 3 16 21 45 32 25
Sample 4 19 10 45 37 22

What is the mean of the distribution of sample means?

Please round your answer to the nearest tenth.

Note that the correct answer will be evaluated based on the full-precision result you would obtain using Excel.

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Answer #1

If X has mean u then the distribution of sample mean also has mean u Data Point Sample 1 Sample 2 Sample 3 Sample 4 1 37 38 1

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