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QUESTION
employee at a corporate headquarters own an average of 240 shares of the company's common stock with a standard deviation of 40 shares.
employee 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)bar) >200)?
please show detail work.
