Statistics for Business and Economics (13th Edition)
Statistics for Business and Economics (13th Edition)
13th Edition
ISBN: 9780134506593
Author: James T. McClave, P. George Benson, Terry Sincich
Publisher: PEARSON
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Chapter 5.1, Problem 5.1LM

The probability distribution shown here describes a population of measurements that can assume values of 0, 2, 4, and 6, each of which occurs with the same relative frequency:

x 0 2 4 6
p(x) 1 4 1 4 1 4 1 4
  1. a. List all the different samples of n = 2 measurements that can be selected from this population. For example, (0, 6) is one possible pair of measurements; (2, 2) is another possible pair.
  2. b. Calculate the mean of each different sample listed in part a.
  3. c. If a sample of n = 2 measurements is randomly selected from the population, what is the probability that a specific sample will be selected?
  4. d. Assume that a random sample of n = 2 measurements is selected from the population. List the different values of x ¯ found in part b and find the probability of each. Then give the sampling distribution of the sample mean x ¯ in tabular form.
  5. e. Construct a probability histogram for the sampling distribution of x ¯ .
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Chapter 5 Solutions

Statistics for Business and Economics (13th Edition)

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