STA 205 Lecture Notes - Lecture 8: Sampling Distribution, Standard Deviation, Flying Pig Marathon

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Packet 8: sampling distribution of the sample mean. Textbook pages: 24 30; 701 704. A local pub is interested in learning more about their daily sales. In order to do this, daily sales (measured in dollars) from the past two months are collected. A histogram and summary statistics are given below. Use these to fill in the description of the distribution below include units with the values where appropriate. The distribution of ______________________________________ has a shape daily pub sales that is ________________________________. _________ days is ________________________, and 50% of the time daily sales are ______________________or less. The middle 50% of daily sales fell between ______________________ and _______________________. _____________________________ rule, we expect daily sales to fall between ________________________ and. __________________________ (three standard deviations from the mean) ___________% of the time. Below is the sample which was taken the values selected in the sample have been highlighted in pink on the original histogram.

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