The assets (in billions of dollars) of the four wealthiest people in a particular country are 37, 27, 26, 13. Assume that samples of sizes n=2 are randomly selected with replacement from this population of four values.  x       Probability  37        ? 32        ? 31.5      ? 27         ? 26.5      ? 26         ? 25         ? 20         ? 19.5      ? 13         ?          after identifying the 16 different possible samples and finding the mean of each samples, 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.  Compare the mean of the population to the mean of the sampling distribution of the sample mean. The mean of the population is? ____ the mean of the sample means?

Q: Please answer option C

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Q: Below are the jersey numbers of 11 players randomly selected from a football team. Find the​ range,…

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Q: calculate the mean and ss for each of the following sample numbers 1,3,4,0

A:

Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.