Bill Gates (BG) 66 Elon Musk (EM) 50 Jeff Bezos (JB) 57 Mark Zackenberg (MZ) 37 Warren Buffet (WB) 91 1. Assuming that 2 of the ages are randomly selected with replacement, list the 25 possible samples 2. Find the mean of each of the 25 samples, then summarizing the sampling distribution of the means in the format of a table representing the probability distribution. 3. Compare the population mean to the mean of the sample means. 4. Do the sample means target the value of the population mean? In general, do sample means make good estimators of population means?

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.4: Collecting Data
Problem 5E
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(Jeff Bezos),
Bill Gates (BG)
66
Elon Musk (EM)
50
Jeff Bezos (JB)
57
Mark Zackenberg (MZ)
37
Warren Buffet (WB)
91
1. Assuming that 2 of the ages are randomly selected with replacement, list the 25 possible
samples
2. Find the mean of each of the 25 samples, then summarizing the sampling distribution of the
means in the format of a table representing the probability distribution.
3. Compare the population mean to the mean of the sample means.
4. Do the sample means target the value of the population mean? In general, do sample
means make good estimators of population means?
9
Transcribed Image Text:(Jeff Bezos), Bill Gates (BG) 66 Elon Musk (EM) 50 Jeff Bezos (JB) 57 Mark Zackenberg (MZ) 37 Warren Buffet (WB) 91 1. Assuming that 2 of the ages are randomly selected with replacement, list the 25 possible samples 2. Find the mean of each of the 25 samples, then summarizing the sampling distribution of the means in the format of a table representing the probability distribution. 3. Compare the population mean to the mean of the sample means. 4. Do the sample means target the value of the population mean? In general, do sample means make good estimators of population means? 9
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