Carry out a simulation experiment using a statistical computer package or other software to study the sampling

Question:

Carry out a simulation experiment using a statistical computer package or other software to study the sampling distribution of X when the population distribution is lognormal with E(ln(X))  3 and V(ln(X))  1. Consider the four sample sizes n  10, 20, 30, and 50, and in each case use 500 replications. For which of these sample sizes does the X sampling distribution appear to be approximately normal?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: