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central limit theorem

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The Central Limit Theorem ensures that the sampling distribution of the sample mean approaches normal as the sample size increases, is it true ?Private colleages and universities rely on money contributed by individuals and corporations for their operating expenses. Much of this money is put into a fund called... 顯示更多 The Central Limit Theorem ensures that the sampling distribution of the sample mean approaches normal as the sample size increases, is it true ? Private colleages and universities rely on money contributed by individuals and corporations for their operating expenses. Much of this money is put into a fund called endowment, and the college spends only the interest rarned by the fund. A recent survey of 8 private colleages in the United States received the following endowmnnts 9in million of dollars): 60.2, 47.0, 235.1, 490.0, 122.6, 177.5, 95.4,, and 220.0. What value will be used as th point estimate for the mean endowment of all private colleges in the United States ? a) $1,447.8 b) $180.975 c) $143.042 or d) $8

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The Central Limit Theorem ensures that the sampling distribution of the sample mean approaches normal as the sample size increases, is it true ? True. What value will be used as th point estimate for the mean endowment of all private colleges in the United States ? a) $1,447.8 b) $180.975 c) $143.042 or d) $8 (60.2+47.0+235.1+490.0+122.6+177.5+95.4+220.0)/8=180.975 B

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