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In: Statistics and Probability

Written Response: What is the population standard deviation for your population (that is the value population)?...

Written Response:

What is the population standard deviation for your population (that is the value population)? What is the standard deviation of your sampling distribution of sample means (that is the value sampdistrsd)? According to the Central Limit Theorem, there is a formula relating to the population standard deviation and the standard deviation of the sampling distribution of sample means. What is that formula and how well did the outcomes of your simulation match that theorem? Explain and specifically reference the formula.

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