Employees at a corporate headquarters own an average of 240, Ask an Expert

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Employees at a corporate headquarters own an average of 240 shares of the company's common stock, with a standard deviation of 40 shares.

For a simple random sample consisting of 5 employees, what assumption would be required if we are to use the standard normal distribution in determining P(x‾ ≥ 220)?

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Category:- Statistics and Probability
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