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Population Means

By Yasine Baccouche

Across
μ
Population mean # of hours worked
U (100, 120)
Standard error of the sample mean
Sample mean number of hours worked
This confidence measure describes our confidence in the procedure
Down
All full-time workers in the US
100 full time workers surveyed
The type of estimator given the average of all possible sample mean values is equal to the population mean
This confidence measure provides a range of reasonable values
This theorem allows us to say that a sample mean is approximately normal