In: Statistics and Probability
What does the population mean for your population (that is the
value population mean)? What is...
What does the population mean for your population (that is the
value population mean)? What is the mean of your sampling
distribution of sample means (that is the value sampdistrmean)?
According to the Central Limit Theorem, there is a formula relating
the population means and the mean of the sampling distribution of
sample means. What is that formula and how well did the outcomes of
your simulation match that formula? Explain and specifically
reference the formula.