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The amount of money PERs retirees earn a month vary according to a uniform distribution, ranging from $400 a month to $8000 per month. E(X)
The amount of money PERs retirees earn a month vary according to a uniform distribution, ranging from $400 a month to $8000 per month. E(X) = $4200, SD(X) = $2193.93Consider the sampling distribution of all possible averages, consisting of sampling twelve monthly incomes randomly, and calculating the average with the twelve
incomes.
Find the followingWrite the exact answer or round to the nearest penny if needed.
EX=
SDX=
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