The following plot is a sampling distribution for the

Last updated: 6/16/2023

The following plot is a sampling distribution for the average Hollywood Movie Budget from the early 2000 s in millions of dollars Sampling Dotplot of Mean Left Tail Two Tail Right Tail 50 40 30 20 10 0 35 40 IL 45 50 You should expect a majority of Hollywood movie budgets to be 60 55 65 51 127 Given this sampling distribution you should expect to obtain a mean sampling budget for Hollywood movies above 55 million roughly of the time samples 100 mean 51 127 std error 5 522 55 million