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Earn +20 ptsQ: What is the expected shape of the distribution of the sample mean?
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When the sample size is large valid confidence intervals can be established for the population mean irrespective of the shape of the underlying distribution?
Yes, but that begs the question: how large should the sample size be?
What is The mean of a discrete probability distribution is also called the?
The mean of a discrete probability distribution is also called the Expected Value.
A sample of 24 observations is taken from a population that has 150 elements The sampling distribution of the mean is?
A sample of 24 observations is taken from a population that has 150 elements. The sampling distribution of is
The mean or expected value of the distribution of a discrete random variable is?
30.47
What does a negative kurtosis mean?
It means distribution is flater then [than] a normal distribution and if kurtosis is positive[,] then it means that distribution is sharper then [than] a normal distribution. Normal (bell shape) distribution has zero kurtosis.
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