The population mean of income for adults in a particular community is known to be $28,600. Given this information, the sampling distribution of values will be less than this depending on the size of the sample used in developing the sampling distribution.

Question

Quizplus · Accepted Answer

The sampling distribution of the mean will center around the population mean ($28,600), regardless of the sample size, due to the Central Limit Theorem. The variability of the sampling distribution will decrease with larger sample sizes, but the mean of the sampling distribution will not depend on the sample size.

The Population Mean of Income for Adults in a Particular