The annual salary for clinical pharmacists is normally distributed, with a mean of about $111,000 and a

Question:

The annual salary for clinical pharmacists is normally distributed, with a mean of about $111,000 and a standard deviation of about $13,000. Random samples of 48 are drawn from this population, and the mean of each sample is determined.

Find the mean and standard deviation of the indicated sampling distribution of sample means. Then sketch a graph of the sampling distribution.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...

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