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?
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here