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  3. for the year 2010, 33% of taxpayers with adjusted

For the year 2010, 33% of taxpayers with adjusted gross incomes between $30,000 and $60,000...

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Accounting

For the year 2010, 33% of taxpayers with adjusted gross incomes between $30,000 and $60,000 itemized deductions on their federal income tax return. The mean amount of deductions for this population of taxpayers was $16,642. Assume that the standard deviation is = $2,560. If required, round your answer to two decimal places.

(a) What are the sampling distributions of x for itemized deductions for this population of taxpayers for each of the following sample sizes: 30, 50, 100, and 400?
E(x) = $
n (x)
30 $
50 $
100 $
400 $
(b) What is the advantage of a larger sample size when attempting to estimate the population mean?
A larger sample - Select your answer -increasesdoes not changereducesItem 6 the standard error and results in a - Select your answer -moreequallylessItem 7 precise estimate of the population mean.

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