Three randomly selected households are surveyed. The numbers of people in the households are 2, 4, and 12. Assume that samples of size n = 2 are randomly selected with replacement from the population of 2, 4, and 12. Listed below are the nine different samples. Complete parts (a) through (c). 2,2 2,4 2,12 4,2 4,4 4,12 12,2 12,4 12,12 O ..... a. Find the variance of each of the nine samples, then summarize the sampling distribution of the variances in the format of a table representing the probability distribution of the distinct variance values. Probability (Type an integer or a fraction. Use ascending order of the sample variances.) b. Compare the population variance to the mean of the sample variances. Choose the correct answer below. A. The population variance is equal to the mean of the sample variances. B. The population variance is equal to the square of the mean of the sample variances. O C. The population variance is equal to the square root of the mean of the sample variances. c. Do the sample variances target the value of the population variance? In general, do sample variances make good estimators of population variances?
Three randomly selected households are surveyed. The numbers of people in the households are 2, 4, and 12. Assume that samples of size n = 2 are randomly selected with replacement from the population of 2, 4, and 12. Listed below are the nine different samples. Complete parts (a) through (c). 2,2 2,4 2,12 4,2 4,4 4,12 12,2 12,4 12,12 O ..... a. Find the variance of each of the nine samples, then summarize the sampling distribution of the variances in the format of a table representing the probability distribution of the distinct variance values. Probability (Type an integer or a fraction. Use ascending order of the sample variances.) b. Compare the population variance to the mean of the sample variances. Choose the correct answer below. A. The population variance is equal to the mean of the sample variances. B. The population variance is equal to the square of the mean of the sample variances. O C. The population variance is equal to the square root of the mean of the sample variances. c. Do the sample variances target the value of the population variance? In general, do sample variances make good estimators of population variances?
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
Related questions
Question
100%
Please answer all subparts with explanation.
I will really really upvote. Thanks
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 4 steps
Recommended textbooks for you
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON