The average outstanding bill for delinquent customer accounts for a national department store
chain is $187.50 with a standard deviation of $54.50. You choose a SRS of 50 delinquent
accounts, suppose you do that many times, the mean of the average delinquent accounts should
be close to
187.50
187.50
50
187.50
\sqrt{50}
0
none of these
Question 2
10 pts
The average outstanding bill for delinquent customer accounts for a national department store
chain is $187.50 with a standard deviation of $54.50. You choose a SRS of 50 delinquent
accounts, suppose you do that many times, the standard deviation of the average delinquent
accounts should be close to
54.50
54.50
50
54.50
\sqrt{50}
1
none of these