The assets (in billions of dollars) of the four wealthiest people in a particular country are 35, 25, 19, 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. x Probability x Probability 35 22 30 19 27 17.5 25 14.5 22.5 10 (Type integers or fractions.)
The assets (in billions of dollars) of the four wealthiest people in a particular country are 35, 25, 19, 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. x Probability x Probability 35 22 30 19 27 17.5 25 14.5 22.5 10 (Type integers or fractions.)
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 11PPS
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Question
The assets (in billions of dollars) of the four wealthiest people in a particular country are
35, 25, 19, 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
x
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x
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Probability
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35
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22
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30
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19
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||
27
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17.5
|
||
25
|
|
14.5
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||
22.5
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10
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(Type integers or fractions.)
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