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The Population of Incomes in a Particular Community Is Thought

question 121

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The population of incomes in a particular community is thought to be highly right-skewed with a mean equal to $36,789 and a standard deviation equal to $2,490. Based on this, if a sample of size n = 36 is selected, the sampling distribution would have a mean equal to the population mean, but the standard deviation of the sampling distribution will be one-sixth of the population standard deviation.


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