The distribution of weekly salaries at a large company is right-skewed with a mean of $1000...
The distribution of weekly salaries at a large company is right-skewed with a mean of $1000 and a standard deviation of $350.
a) Determine the sampling distribution of the mean salary for samples of size 60.
b) If a sample of weekly salaries of 60 employees is randomly selected, what is the probability that the sample mean salary will be within $50 of the population mean $1000 (the mean weekly salary for all employees)?
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The distribution of weekly salaries at a large company is
right-skewed with a mean of $1000...
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to describe the sampling distribution from a popuation that is skewed right with mean 70 and standard deviation 15. Jack obtains 1000 random inds the mean of the means, and determines the standard deviation of the means Diane does the same simulation, but obtains 1000 random samples of size n 30 from the population. Complete parts (a) through (e) below Ο A lah dihibution expected to be skewed left but rot as much as the original dtrbution Diane's dstbution iscopo...
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