The assets (in billions of dollars) of the four wealthiest people in a particular country are 47, 33, 29, 16. Assume that samples of size n = 2 are fandomly seleciu 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 m the table, values of the sample mean that are the same have been combined. Probability Probability 47 31 40 29 38 24.5 33 22.5 31.5 16

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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The assets (in billions of dollars) of the four wealthiest people in a particular country are 47, 33, 29, 16. 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
47
31
40
29
38
24.5
ents
33
22.5
cess
31.5
16
(Type integers or fractions.)
Transcribed Image Text:The assets (in billions of dollars) of the four wealthiest people in a particular country are 47, 33, 29, 16. 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 47 31 40 29 38 24.5 ents 33 22.5 cess 31.5 16 (Type integers or fractions.)
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