The mean age of employees at a large corporation is 41.7 years with a standard deviation of 2.9 years. Random samples of 25 are drawn from this population and the mean of each sample is determined. Find the mean of the sample mean.
Solution :
Given that ,
mean = = 41.7
standard deviation = = 2.9
n = 25
The mean of the sample mean
= = 41.7 and
Sample standard deviation
= / n = 2.9 / 25 = 0.58
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