It is known that incomes from the USA follow a normal distribution with a mean of $55,000 and a standard deviation of $12,000. A researcher took a sample of 100 people in the USA and obtained a sample mean of $67,000 with a standard deviation of $18,000. What are the characteristics of the sampling distribution. A. Mean = $55,000 and Standard Deviation of the Mean = $1200 B. Mean = $55,000 and Standard Deviation of the Mean = $12000 C. Mean = $67,000 and Standard Deviation of the Mean = $569.21 D. Mean = $67,000 and Standard Deviation of the Mean = $1800

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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It is known that incomes from the USA follow a normal distribution with a mean of $55,000 and a standard deviation of $12,000.  A researcher took a sample of 100 people in the USA and obtained a sample mean of $67,000 with a standard deviation of $18,000.  What are the characteristics of the sampling distribution.

A. Mean = $55,000 and Standard Deviation of the Mean = $1200
B. Mean = $55,000 and Standard Deviation of the Mean = $12000
C. Mean = $67,000 and Standard Deviation of the Mean = $569.21
D. Mean = $67,000 and Standard Deviation of the Mean = $1800
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