The assets (in billions of dollars) of the four wealthiest people in a particularcountry are 41, 25, 19, 14. Assume that samples of size n = 2 are randomlyselected with replacement from this population of four values.each sample, construct a table representing the sampling distribution of thesample mean. In the table, values of the sample mean that are the same havebeen combined.X41333027.525(Type integers or fractions.)ProbabilityThe mean of the population,sample means,(Round to two decimal places as needed.)b. Compare the mean of the population to the mean of the sampling distribution ofthe sample mean.meansisThe sample means2219.51916.514Probabilityc. Do the sample means target the value of the population mean? In general, dosample means make good estimates of population means? Why or why not?the mean of thethe population mean. In general, samplemake good estimates of population means because the mean isestimator.

sample 1sample 2mean = (sample 1 +sample 2)/24141(41+41)/2 =…

Answered: The assets (in billions of dollars) of…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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A manufacturer collected a sample of 56 bolts of cloth from a day's production. Each bolt is carefully inspected and the number of imperfections is recorded in the following table. According to the given table, mean is median is mode is (Round your answer to three decimal places if needed.) Number of imperfections 1 Number of bolts 39 9. 3 3. 2. 5.
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