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The monthly rents for studio apartments in a certain city have a mean of $1,040 and a standard deviation of $170. Random samples of size

The monthly rents for studio apartments in a certain city have a mean of $1,040 and a standard deviation of $170. Random samples of size 40 are drawn from the population and the mean of each sample is determined. Use the Central Limit Theorem to find the mean and standard error of the mean of the indicated sampling distribution.

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