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It is known that the average income of the adult population in a certain community is...

It is known that the average income of the adult population in a certain community is $ 28, 600. Given this information, the values ​​of the sampling distribution will be less than $ 28,600 depending on the size of the sample used in the development of the sample. sampling distribution. Select one: True False

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Answer #1

true

because std dev of sampling distribution is inversely proportion to square root of sample size, and P(X<x) = (x-µ)/(s/√n)

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