The previous exercise reported that for the population, = +500 and = +160, and that

Question:

The previous exercise reported that for the population, μ = +500 and σ = +160, and that the sample mean income for a random sample of 100 farm workers would have a standard deviation of 16.0. Sketch the sampling of the sample mean and find the probability that the sample mean falls above $540.
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...