Class,
Watch the instructional videos provided in the link. Also review the content in sections 4.10 and 4.11 of your e-book Business Research Methods by McClave on Sampling Distributions. Based on this information, what is the sampling distribution of the mean and why is it important? Suppose one collects a random data sample of 100 participants and the sample mean is 20 with a sample standard deviation of 5. What can we say about the distribution of the sample mean?