Ask Question
10 December, 21:52

Sales prices of baseball cards from the 1960's are known to possess a skewed-right distribution with a mean sale price of $5.25 and a standard deviation of $2.80. suppose a random sample of 100 cards from the 1960's is selected. describe the sampling distribution for the sample mean sale price of the selected cards.

+4
Answers (1)
  1. 11 December, 01:19
    0
    Given the following information about the sales prices of baseball cards from the 1960's:

    They are known to possess a skewed-right distribution

    The mean sale price is $5.25

    The standard deviation is $2.80.

    If a random sample of 100 cards from the 1960's is selected:

    The distribution would be Normal

    The mean would be $5.25

    The standard error would be $0.28
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Sales prices of baseball cards from the 1960's are known to possess a skewed-right distribution with a mean sale price of $5.25 and a ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers