QNT 561

QNT 561 FINAL EXAM 1 – QUESTION AND ANSWERS 1. According to the central limit theorem, for samples of size 64 drawn from a population with µ = 800 and σ = 56, the mean of the sampling distribution of sample means would equal _______. a. 800 2. The empirical rule says that approximately what percentage of the values would be within 2 standard deviations of the mean in a bell shaped set of data? a. 95% 3. Ophelia O'Brien, VP of Consumer Credit of American First Banks (AFB), monitors th...