What are the expected value-standard deviation

Reference no: EM13337871

A population of 1,000 student spends an average of $10.50 aday on dinner. The standard deviation of the expenditure is $3 . Asimple random sample of 64 students is taken.

A. What are the expected value , standard deviation, and shapeof the samling distribution of the sample mean?

B. What is the probability that the simple random sample willprovide a sample mean within $.50 of the population

Reference no: EM13337871

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