A coffee shop that specializes in shade-grown organic coffee wants to learn more about their business costs. Past data reveals that the cost for one pound of organic coffee beans has a mean of $28 with standard deviation $6. The normal distribution for the population is shown by the dotted black line. The coffee shop plans to take a random sample of 30 such one pound bags of coffee and will calculate the mean cost of the sample to compare to the known cost. Compute the the mean and standard deviation of the sampling distribution of sample means for a sample of size 30. Round your answers to the nearest tenth. Show your answer by moving the two draggable points to build the sampling distribution. Provide your answer below: 0.4 -0-3- -0-2- 0-1 The population has a normal distribution with mean 28 and standard deviation 6. 22 o = 4.1
A coffee shop that specializes in shade-grown organic coffee wants to learn more about their business costs. Past data reveals that the cost for one pound of organic coffee beans has a mean of $28 with standard deviation $6. The normal distribution for the population is shown by the dotted black line. The coffee shop plans to take a random sample of 30 such one pound bags of coffee and will calculate the mean cost of the sample to compare to the known cost. Compute the the mean and standard deviation of the sampling distribution of sample means for a sample of size 30. Round your answers to the nearest tenth. Show your answer by moving the two draggable points to build the sampling distribution. Provide your answer below: 0.4 -0-3- -0-2- 0-1 The population has a normal distribution with mean 28 and standard deviation 6. 22 o = 4.1
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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