What is the mean of the sampling distribution
An average book copy sells for 100$ and the standard deviation is $20. Consider a random sample consisting of 50 books?
What is the mean of the sampling distribution of the mean?
Answer with explanation please.
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An average book copy sells for 100$ and the standard deviation is $20. Consider a random sample consisting of 50 books? What is the mean of the sampling distribution of the mean?
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