Find the mean and standard error of the mean of the sampling distribution. Then sketch a graph of the sampling distribution.
The prices of photo printers on a website are normally distributed with a mean of
The mean of the distribution of sample means is
Final Answer: The mean of the distribution of sample means is
Step 1 :The mean of the distribution of sample means, also known as the expected value of the sampling distribution, is equal to the population mean. In this case, the population mean is given as
Step 2 :Final Answer: The mean of the distribution of sample means is