Essay
THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
Each member of a random sample of 20 business economists was asked to predict the rate of inflation for the coming year.Assume that the predictions for the whole population of business economists follow a normal distribution with standard deviation 2%.
-Find the sampling distribution of sample means if all possible samples of size 2 are drawn with replacement from the following population:
Correct Answer:

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Correct Answer:
Verified
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