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Every few years, an organization surveys a large sample of households in a country to get an idea of their economic health. One survey, which
Every few years, an organization surveys a large sample of households in a country to get an idea of their economic health. One survey, which inspected about
18,000
households, estimated that couples with children will spend a mean of
$55,151
on goods and services in a year. Suppose we were to make a histogram of all the household expenditures in this sample. Would the histogram be a display of the population distribution, the distribution of the sample, or the sampling distribution of the sample mean? Explain.
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