• 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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https://www.jobilize.com/business-statistics-by-david-bourgeois-bharatendra-rai

Business Statistics

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Attribution:  David T. Bourgeois, PhD; Bharatendra K. Rai, PhD. Business Statistics. The Saylor Academy 2014, http://www.saylor.org/courses/bus204/
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