The average weekly pay for young adults working a part-time retail job is $480 with a standard deviation of $140. A survey was conducted for a sample of 200 young adults. What is the standard deviation of the sampling distribution? Round the answer to the nearest tenth.(1 point)

1 answer

The standard deviation of the sampling distribution can be calculated using the formula:

Standard deviation of sampling distribution = Standard deviation of population / sqrt(sample size)

Plugging in the values:

Standard deviation of sampling distribution = 140 / sqrt(200)
= 140 / 14.14
= 9.9

Therefore, the standard deviation of the sampling distribution is approximately 9.9.