Card 152 / 180: Complete the following sentence. As part of an investigation to study the transaction costs of tellers versus ATMs, a bank has collected a sample of 36 teller transaction costs. The average transaction cost for the sample was $1.39. It is known from previous experience that the population standard deviation of the transaction cost is approximately $0.29. As per the central limit theorem, the sampling distribution of mean teller transaction costs would tend to be:
A)
an exponential distribution.
B)
a normal distribution.
C)
a chi-square distribution.
D)
a t-distribution.
Answer:
B) a normal distribution.
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