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Scrapper Elevator Company has 20 sales representatives who sell its product throughout the United States and Canada. The number of units sold last month by each representative is listed below. Assume these sales figures to be the population values. 2323 || 4 3 2 2 | 7 | 335 Click here for the Excel Data File Required: b. Compute the population mean. (Round your answer to 1 decimal place.) Population mean c. Compute the standard deviation. (Round your answer to 2 decimal places.) Standard deviation d. If you were able to list all possible samples of size five from this population of 20, how would the sample means be distributed? The central limit theorem says that the sample means would tend to be distributed

Scrapper Elevator Company has 20 sales representatives who sell its product throughout the United States and Canada. The number of units sold last month by each representative is listed below. Assume these sales figures to be the population values. 2323 || 4 3 2 2 | 7 | 335 Click here for the Excel Data File Required: b. Compute the population mean. (Round your answer to 1 decimal place.) Population mean c. Compute the standard deviation. (Round your answer to 2 decimal places.) Standard deviation d. If you were able to list all possible samples of size five from this population of 20, how would the sample means be distributed? The central limit theorem says that the sample means would tend to be distributed

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 3CYU
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e. What would be the mean of the sample means? (Round your answer to 2 decimal places.) Mean of sample means f. What would be the standard deviation of the sample means? (Round your answer to 2 decimal places.) Standard deviation of sample means
Transcribed Image Text:e. What would be the mean of the sample means? (Round your answer to 2 decimal places.) Mean of sample means f. What would be the standard deviation of the sample means? (Round your answer to 2 decimal places.) Standard deviation of sample means
Scrapper Elevator Company has 20 sales representatives who sell its product throughout the United States and Canada. The number of units sold last month by each representative is listed below. Assume these sales figures to be the population values. 2 3 2 3 3 Click here for the Excel Data File Required: b. Compute the population mean. (Round your answer to 1 decimal place.) Population mean 7 3 c. Compute the standard deviation. (Round your answer to 2 decimal places.) Standard deviation 3 The central limit theorem says that the sample means would tend to be 5 d. If you were able to list all possible samples of size five from this population of 20, how would the sample means be distributed? distributed.
Transcribed Image Text:Scrapper Elevator Company has 20 sales representatives who sell its product throughout the United States and Canada. The number of units sold last month by each representative is listed below. Assume these sales figures to be the population values. 2 3 2 3 3 Click here for the Excel Data File Required: b. Compute the population mean. (Round your answer to 1 decimal place.) Population mean 7 3 c. Compute the standard deviation. (Round your answer to 2 decimal places.) Standard deviation 3 The central limit theorem says that the sample means would tend to be 5 d. If you were able to list all possible samples of size five from this population of 20, how would the sample means be distributed? distributed.
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