Unformatted text preview: a. Is the sample mean of 7.2 exactly the same as the population mean? b. If another sample of 1000 companies is taken, do you expect the sample mean to be 7.2 again? Why or why not? c. Repeating this experiment many times with different samples, what values for the sample means would be possible? What values would repeat more often?...
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This note was uploaded on 08/29/2011 for the course BUSINESS 101 taught by Professor All during the Spring '11 term at Ashford University.
- Spring '11