The assets (in billions of dollars) of the four wealthiest people in a particular country are 40, 29, 16, 13. 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 40 34.5 29 28 26.5 (Type integers or fractions.) X 22.5 21 16 14.5 13
The assets (in billions of dollars) of the four wealthiest people in a particular country are 40, 29, 16, 13. 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 40 34.5 29 28 26.5 (Type integers or fractions.) X 22.5 21 16 14.5 13
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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