sures income in $10,000 for the 5 (hint: Xx). You decide to random of 11.

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Question 1
Assume X measures income in $10,000 for the population of Canada and is distributed chi-squared with
degrees of freedom 5 (hint: X~). You decide to randomly sample 50 people in Canada and get an
average income of 5.5 ($55,000) and a sample variance of 11.
1. Sketch the sampling distribution created by your sample and indicate the area using the 68-95-99.7
2. What was the chance of observing a sample average income level as extreme as in your sample?
Transcribed Image Text:Question 1 Assume X measures income in $10,000 for the population of Canada and is distributed chi-squared with degrees of freedom 5 (hint: X~). You decide to randomly sample 50 people in Canada and get an average income of 5.5 ($55,000) and a sample variance of 11. 1. Sketch the sampling distribution created by your sample and indicate the area using the 68-95-99.7 2. What was the chance of observing a sample average income level as extreme as in your sample?
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