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From the entire population of McDonald’s franchises, an analyst constructs a sample of the monthly sales volume for 20 randomly selected franchises. She calculates the mean sales volume for those 20 franchises to be $400,000. The sampling distribution of the mean is the probability distribution of the: A. mean monthly sales volume estimates from all possible samples. B. monthly sales volume for all McDonald’s franchises. C. mean monthly sales volume estimates from all possible samples of 20 observations. |