New York Stock Exchange. Suppose that the percentage returns for a given year for all stocks listed on the New York Stock Exchange follows a non-normal distribution with mean = 15 percent and a standard deviation of = 5 percent.

Now consider drawing a random sample of n = 40 from the population of all stocks. Specify

the sampling distribution of the sample mean when n = 40.

What is the mean of the sampling distribution of the sample mean when n = 40? (Do NOT round answer.)

What is the standard error of the sampling distribution of the sample mean when n = 40? (Report to the nearest two decimal places.)

What is the shape of the sampling distribution of the sample mean when n = 40? (Choose one)

Normal Approximately Normal Not Normal