Answered: The third worksheet labeled sample B is…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

See similar textbooks

Related questions

Question

The third worksheet labeled sample B is a simple random sample with replacement, with seven observations in the sample, from some population. The index i in the first column is just an integer name for each observation. The specific values x in the second column are measures of a random variable X distributed in the population.

Now suppose this random variable X is known to have a Normal distribution in the sampled population. You still do not know the population mean and must estimate it from the sample, as you did earlier. BUT NOW, in this question, you know in advance that the true population standard deviation of the random variable X is 4.

Compute the standard error (of the sample mean), given this new knowledge situation.

i	x_i
1	74.2
2	72.79
3	70.35
4	74.37
5	73.34
6	78.96
7	77.99

Features Features Normal distribution is characterized by two parameters, mean (µ) and standard deviation (σ). When graphed, the mean represents the center of the bell curve and the graph is perfectly symmetric about the center. The mean, median, and mode are all equal for a normal distribution. The standard deviation measures the data's spread from the center. The higher the standard deviation, the more the data is spread out and the flatter the bell curve looks. Variance is another commonly used measure of the spread of the distribution and is equal to the square of the standard deviation.

Expert Solution