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What states that the sampling distribution of (x̄) is approximately normal when the sample is large?
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- A marketing research company is estimating the average total compensation of CEOs in the service industry. Data were randomly collected from 18 CEOs and the 97% confidence interval for the mean was calculated to be ($2,181,260, $5,836,180). What would happen tp the confidence interval if the confidence level were changed to 95%?
- For a sample of n ≥ 30, the sampling distribution of the mean will be approximately normally distributed:
- Échelle d'intervalle: l'unité de mesure est constante Échelle de rapport: opération arithmétique