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a. After identifying the 16 different possible samples and finding the mean of each sample, construct a table representing the sampling distribution of the sample mean. In the table, values of the sample mean that are the same have been combined. Probability x 1 27 24.5 8 TI 29 23 8 1 22.5 16 18 8 (Type integers or fractions.) b. Compare the mean of the population to the mean of the sampling distribution of the sample mean. the mean of the sample means, x 31 29.5 28 27.5 - 160 -100 -100 -0 -100 The mean of the population, is (Round to two decimal places as needed.) Probability |--100 -100 -100 - 16 16 8 8 8 1

a. After identifying the 16 different possible samples and finding the mean of each sample, construct a table representing the sampling distribution of the sample mean. In the table, values of the sample mean that are the same have been combined. Probability x 1 27 24.5 8 TI 29 23 8 1 22.5 16 18 8 (Type integers or fractions.) b. Compare the mean of the population to the mean of the sampling distribution of the sample mean. the mean of the sample means, x 31 29.5 28 27.5 - 160 -100 -100 -0 -100 The mean of the population, is (Round to two decimal places as needed.) Probability |--100 -100 -100 - 16 16 8 8 8 1

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The assets (in billions of dollars) of the four wealthiest people in a particular country are 31, 28, 27, 18. Assume that samples of size n = 2 are randomly selected with replacement from this population of four values. a. After identifying the 16 different possible samples and finding the mean of each sample, construct a table representing the sampling distribution of the sample mean. In the table, values of the sample mean that are the same have been combined. Probability X 1 27 16 1 24.5 8 1 23 ]]] 8 1 22.5 16 1 18 8 (Type integers or fractions.) b. Compare the mean of the population to the mean of the sampling distribution of the sample mean. the mean of the sample means, X 31 29.5 29 28 27.5 - 100 The mean of the population, is (Round to two decimal places as needed.) Probability 1 16 1 8 1 8 1 8 1 16
Transcribed Image Text:The assets (in billions of dollars) of the four wealthiest people in a particular country are 31, 28, 27, 18. Assume that samples of size n = 2 are randomly selected with replacement from this population of four values. a. After identifying the 16 different possible samples and finding the mean of each sample, construct a table representing the sampling distribution of the sample mean. In the table, values of the sample mean that are the same have been combined. Probability X 1 27 16 1 24.5 8 1 23 ]]] 8 1 22.5 16 1 18 8 (Type integers or fractions.) b. Compare the mean of the population to the mean of the sampling distribution of the sample mean. the mean of the sample means, X 31 29.5 29 28 27.5 - 100 The mean of the population, is (Round to two decimal places as needed.) Probability 1 16 1 8 1 8 1 8 1 16
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