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3. Baseball Players' Salaries. we have access to data regarding the salaries of all professional baseball players in 2019. That is. if we consider all
3. Baseball Players' Salaries. we have access to data regarding the salaries of all professional baseball players in 2019. That is. if we consider all professional baseball players in 2019 our subjects of interest. then we have information on every individual in the population. In this problem. we are going to examine how varying the sample size impacts the sampling distribution of the sample mean. W'e will be using an applet called StatKey to complete this problem. Before you work on this problem, please watch the Lecture video for MODULE 4, Part 3 to understand how to use the applet. Then. open a web browser on your computer and going to the following website: (1')) Suppose we are interested in the distribution of the sample mean for samples of size n = 10 from the population of professional baseball players salaries from 2019. Specify the same 131ng distribution of the sample mean when n = 10 by answering the following questions. i. W'hat is the mean of the sampling distribution of the sample mean (in millions of dollars) when n = 10? (Report to the nearest 3 decimal places.) ii. W'hat is the standard error of the sampling distribution of the sample mean (in millions of dollars) when n = 10'? (Report to the nearest 3 decimal places.) iii. W'hat is the shape of the sampling distribution of the sample mean when n = 10'? (Choose one) 0 Normal 0 Approximately Normal 0 Not Normal
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