As part of a science experiment, Giovanni measured the distance a caterpillar traveled over different time intervals. In the fir
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The average rate of change of credit card is $ 401.79 /year.
<h3>What is Average Rate?</h3>- A single rate that is a weighted average of the different rates that are applicable to property in various locations.
- An average is a single number calculated as the average of a set of numbers, typically calculated as the sum of the numbers divided by the total number of numbers in the set (the arithmetic mean).
<u>Solution</u>
The difference of credit card debt between the year 2006 and 1992 = 8900 - 3275 = $5625
The difference of years between the year 2006 and 1992 = 2006 - 1992 = 14
average rate of change of credit card debt with respect to time =
average rate = = $ 401.79 / year
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Answer:
D. No, because the sample size is large enough.
Step-by-step explanation:
The central limit theorem states that "if we have a population with mean μ and standard deviation σ and take sufficiently large random samples from the population with replacement, then the distribution of the sample means will be approximately normally distributed. This will hold true regardless of whether the source population is normal or skewed, provided the sample size is sufficiently large".
Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".
If the sample size is higher than 30, on this case the answer would be:
D. No, because the sample size is large enough.
And the reason is given by The Central Limit Theorem since states if the individual distribution is normal then the sampling distribution for the sample mean is also normal.
From the central limit theorem we know that the distribution for the sample mean is given by:
If the sample size it's not large enough n<30, on that case the distribution would be not normal.