Suppose random variable X follows a normal distribution with mean 10 and variance 16. Consider random samples of different sizes from that population to answer the following questions. Consider a sample of size n = 10. Download the data attached in the data table and use it to construct your response. For n = 10, the sample mean = 8.774 (Round your response to three decimal places) Consider a sample of size n = 100. Download the data attached in the data table and use it to construct your response. For n=100, the sample mean (Round your response to three decimal places)

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Data for question 2

8.436132955
14.20325705
2.992052285
10.08032657
5.126590875
10.03289642
10.42844476
13.59500518
6.905971784
11.54967438
19.592477
14.57768692
10.89463356
11.38146333
11.05509116
13.77795004
15.04973286
10.80261998
2.681987351
5.719426806
17.15459464
14.70913619
2.442462826
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15.35778781
8.43018486
5.677417246
4.824220266
12.84727321
2.098273651
8.722987584
12.20727543
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6.955671122
6.995984475
13.73988769
7.098457243
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16.98815711
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11.13164333
7.029149199
10.76581273
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16.75790943
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8.948396751
16.09212293
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-3.18869181
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8.895400495
-2.426753528
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10.40721716
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1.826553014
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5.937123458
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11.65644451
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13.23631411
8.421590135
8.240646164
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6.316591933
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20.50924766
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8.33655238
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10.19575964
10.64057531

Suppose random variable X follows a normal distribution with mean 10
and variance 16. Consider random samples of different sizes from that
population to answer the following questions.
Consider a sample of size n = 10. Download the data attached in the data
table and use it to construct your response.
For n = 10, the sample mean = 8.774
(Round your response to three decimal places)
Consider a sample of size n = 100. Download the data attached in the
data table and use it to construct your response.
For n=100, the sample mean
(Round your response to three decimal places)
Transcribed Image Text:Suppose random variable X follows a normal distribution with mean 10 and variance 16. Consider random samples of different sizes from that population to answer the following questions. Consider a sample of size n = 10. Download the data attached in the data table and use it to construct your response. For n = 10, the sample mean = 8.774 (Round your response to three decimal places) Consider a sample of size n = 100. Download the data attached in the data table and use it to construct your response. For n=100, the sample mean (Round your response to three decimal places)
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