Unformatted text preview: 3. 7.14 (page 331) 4. 7.18 (page 332) (a) In the context of this problem, what does the Law of Large Numbers tell us about the sample estimate x as the sample size increases? (b) Calculate the mean and standard error of the sampling distribution of x . (c) Interpret the value of the mean (from part b) in the context of this problem. (d) Use the Central Limit Theorem to state the sampling distribution of x . (e) Explain what the sampling distribution in part d describes. (f) Calculate the probability of obtaining a sample of 100 farmers in which the average annual income is more than $540. 5. 7.24 (page 333) (a) book part a The population distribution describes the true distribution of ages among the entire Sunshine city population. (b) book part c (c) book part d 1...
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- Spring '09
- Normal Distribution, Normal approximation, exit poll, $540