Heights of Adult Females Are Normally Distributed

question 29

Essay

Heights of adult females are normally distributed. Samples of height of adult females, each of size n=3 , are randomly collected and the sample means are found. Is it correct to conclude that the sample means cannot be treated as a normal distribution because the sample size is so small? Explain.

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Definitions:

Collection Agency

An organization employed by creditors to collect funds that are past due or accounts deemed to be in default.

Accounts Receivable Policy

Guidelines and procedures related to the management and collection of money owed to a business by its clients or customers.

Cash Flow

The total amount of money being transferred into and out of a business, affecting the company's liquidity.

Debt Collectors

Individuals or agencies that pursue the collection of debts owed by individuals or businesses.