According to the most recent census, the average total yearly expenses of households in Wake County is $45,900. It is also known that the distribution of household expense in Wake County is strongly skewed to the right with a standard deviation of $8,370. A researcher is going to randomly select a sample of 7 households from Wake County.
1. Which of the following is true?
Select all that apply:
a. The sampling distribution of the sample mean will have a smaller standard deviation than the population.
b. The sampling distribution of the sample mean will have a different standard deviation than the population.
c. The shape of the sampling distribution of the sample mean will be skewed right.
d. The sampling distribution of the sample mean will have a larger standard deviation than the population.
e. We cannot tell what the shape of the sampling distribution of the sample mean will look like.
f. The shape of the sampling distribution of the sample mean will be approximately symmetric.