2. The mean wage per hour for all employees who work at a large company is $25.50 with a standard deviation of $6.75. Let ??̅be the mean wage per hour for a random sample of certain employees selected...


2. The mean wage per hour for all employees who work at a large company is $25.50 with a standard deviation of $6.75. Let ??̅be the mean wage per hour for a random sample of certain employees selected from this company. Find the mean and standard deviation of ??̅ for the following sample sizes:


a) n=12


??̅ =


??̅ =


b) n=30


??̅ =


??̅ =


c) n=100


??̅ =


??̅ =


What happens to the values of ????̅ and ????̅ as the sample size increase?



Jun 04, 2022
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