Find mean and standard deviation of random variable, Microeconomics

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Find mean and standard deviation of random variable

The average of freshman college students is = 18.5 years, with a standard deviation = 0.4 years.

a. Let x¯ denote the mean age of a random sample of n = 50 students. Determine the mean and standard deviation of the random variable x¯.

b. Repeat part (a) with n = 100.

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Microeconomics: Find mean and standard deviation of random variable

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Microeconomics: Find mean and standard deviation of random variable

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Microeconomics: Find mean and standard deviation of random variable

Reference No:- TGS0523354

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