Question

The starting salaries of individuals with an MBA degree are normally distributed with a mean of $90,000 and a standard deviation of $20,000. Suppose we randomly select 16 of these individuals with an MBA degree. What is the shape of the sampling distribution of the average starting salary for these individuals?

	a.	Normal
	b.	Normal because of the Central Limit Theorem
	c.	Normal because the distribution of the starting salaries of individuals with an MBA degree is normal
	d.	None of the above

Answer 1

solution:

The shape of the Sentence sampling distribution of the average starting salary for these individual is Normal because of the Central Limit Theorem

option b) is correct