Ask Question
11 July, 04:04

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.

+1
Answers (1)
  1. 11 July, 07:23
    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?
Get 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 there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers