Mathematics, 09.04.2020 02:05 KariSupreme
A Sampling Distribution for Average Salary of NFL Players Use StatKey or other technology to generate a sampling distribution of sample means using a sample of size n=5 from the YearlySalary values in the dataset NFLContracts2015, which gives the total and yearly money values from the contracts of all NFL players in 2015.
a. What are the smallest and largest YearlySalary values in the population? Round your answers to three decimal places?
b. What are the smallest and largest sample means in the sampling distribution?
c. Generate a new sampling distribution with sam- ples of size n= 50. What is the standard error for this sampling distribution?
d. What is the standard error (that is, the standard deviation of the sample means) for the sampling distribution for samples of size n =5?
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