. Suppose the parent population has an exponential distribution (like the density curve of the
age of pennies) with a mean of 15 and standard deviation of 12. Use the Central Limit Theorem
to inform you, then draw the sampling distribution of ?̅ when n=30.
PLEASE DRAW THE SAMPLING DISTRIBUTION of ?̅ when n=30.
Solution :
Given that ,
mean = = 15
standard deviation = = 12
n = 30
mean of sampling distribution of ?̅
= = 15
standard deviation of sampling distribution of ?̅
= / n= 12/ 30=2.19
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