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Central Limit Theorem- Means The average household income in Philadelphia in 2019 was $45,927. Assume the standard deviation is 4500 dollars. Consider taking a random
Central Limit Theorem- Means The average household income in Philadelphia in 2019 was $45,927. Assume the standard deviation is 4500 dollars. Consider taking a random sample of Philadelphia residents of size 100. Draw out a theoretical sampling distribution according to the Central Limit Theorem. Does this situation meet the requirements of the Central Limit Theorem? Explain.
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