om this population of four values. ving the 16 different possible samples and finding the mean of each sample, construct a table representing the sampling dis alues of the sample mean that are the same have been combined. Probability Probability or fractions.) X 19.5 19 11 10.5 10

A First Course in Probability (10th Edition)
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Chapter1: Combinatorial Analysis
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The assets (in billions of dollars) of the four wealthiest people in a particular country are 44, 28, 11, 10. 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
Probability
X
44
36
28
27.5
27
(Type integers or fractions.)
X
19.5
...
19
11
10.5
10
Transcribed Image Text:The assets (in billions of dollars) of the four wealthiest people in a particular country are 44, 28, 11, 10. 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 Probability X 44 36 28 27.5 27 (Type integers or fractions.) X 19.5 ... 19 11 10.5 10
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