Answer:
Standard error of mean = 689
Step-by-step explanation:
We are given the following information in the question:
Mean, μ = $28,520
Standard Deviation, σ = $5600
Mean of sampling distribution =
As per Central Limit Theorem, if the sample size is large enough, then the sampling distribution of the sample means follow approximately a normal distribution.
Sample size, n = 66
Since the sample size is large, we can use normal distribution for approximation.
Standard error of mean =
9514 1404 393
Answer:
slope = 1
Step-by-step explanation:
In the attachment, we have shown rise and run as 3 units each. The segments could be drawn 1 unit long. In any event, the ratio is the slope:
slope = rise/run = 3/3
slope = 1
_____
It is most convenient to draw the rise and run segments from/to places where the line crosses grid intersections. Often, but not always, the y-intercept will be such a point. Then you can look for the nearest grid crossing for figuring rise and run.
Here, the y-intercept is (0, 1), and the closest grid crossing to the right is (1, 2). The rise is 2-1 = 1, and the run is 1-0 = 1. The ratio is 1/1 = 1, same as above. The ratio of rise to run will be the same everywhere for a straight line.
