Concept explainers
1.
State the statistical notation for the population size.
1.
Answer to Problem 1FP
The statistical notation for the population size is N.
Explanation of Solution
The population size is the number of individuals, which consists entire population or a group. The size of the population is denoted as N.
2.
State the statistical notation for the
2.
Answer to Problem 1FP
The statistical notation for the sample size is n.
Explanation of Solution
The sample size is the number of individuals, which is a subset of the population. The sample size is denoted as n.
3.
State the statistical notation for the population mean.
3.
Answer to Problem 1FP
The statistical notation for the population mean is
Explanation of Solution
The population mean is the sum of set of observations in an entire population divided by the number of observations N in the population is termed as population mean. It is denoted by
4.
State the statistical notation for the sample mean.
4.
Answer to Problem 1FP
The statistical notation for the sample mean is M.
Explanation of Solution
The sample mean is obtained by dividing the total number of observations by the sample size n. It is denoted by M.
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Chapter 3 Solutions
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