A marker costs $0.99. A pad of paper costs $1.25 more than the marker, which is a more reasonable estimate for the total cost of
1 answer:
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Answer:
By the Central Limit Theorem, the best point estimate for the average number of credit hours per semester for all students at the local college is 14.8.
Step-by-step explanation:
The Central Limit Theorem estabilishes that, for a normally distributed random variable X, with mean and standard deviation
, the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean
and standard deviation
.
For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.
Mean of the sample:
14.8 credit hours per semester.
So
By the Central Limit Theorem, the best point estimate for the average number of credit hours per semester for all students at the local college is 14.8.