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Some Real Estate Specialists Estimate That the Length of Time y\overline{ y}

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Some real estate specialists estimate that the length of time people live in a house has a mean of 10 years and a standard deviation of 3 years.A random sample of 200 families was chosen and surveyed.Let y\overline{ y} represent the mean number of years that those families had lived in their house.Describe the sampling distribution model of this mean.


Definitions:

Cultures

The shared beliefs, practices, symbols, language, art, and values of a group of people, passed down from generation to generation.

Sororal Polygyny

A form of polygyny where a man is married to multiple wives who are sisters to each other, often practiced in some polygamous societies to strengthen family bonds.

Co-Wives

Women who are married to the same man at the same time, often in cultures that practice polygamy.

Sisters

Female siblings shared by one or both parents, also referring to a close bond between women not related by blood.

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