Recently, the average amount of time to foreclose on a house in the U.S. was reported...
Recently, the average amount of time to foreclose on a house in the U.S. was reported to be 359 days. Assume that the standard deviation for this population is 90.4 days. Distribution of means of samples of 42 homes that have completed the foreclosure process was studied. Sampling distribution of the mean of the given sample size is ______________________ . Group of answer choices Unknown, Normal, Approximately Normal
Homework Answers
Solution :
Given that ,
mean = 
= 359
standard deviation = 
= 90.4
n = 42
sample distribution of sample mean is ,
=
= 359
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