Driving (Example 1) Drivers in Wyoming drive more miles yearly than motorists in any other state. The annual number of miles driven per licensed driver in Wyoming is 22,306 miles. Assume the standard deviation is 5500 miles. A random sample of 200 licensed drivers in Wyoming is selected and the mean number of miles driven yearly for the sample is calculated. (Source: 2017 World Almanac and Book of Facts ) a. What value would we expect for the sample mean? b. What is the standard error for the sample mean?
Driving (Example 1) Drivers in Wyoming drive more miles yearly than motorists in any other state. The annual number of miles driven per licensed driver in Wyoming is 22,306 miles. Assume the standard deviation is 5500 miles. A random sample of 200 licensed drivers in Wyoming is selected and the mean number of miles driven yearly for the sample is calculated. (Source: 2017 World Almanac and Book of Facts ) a. What value would we expect for the sample mean? b. What is the standard error for the sample mean?
Driving (Example 1) Drivers in Wyoming drive more miles yearly than motorists in any other state. The annual number of miles driven per licensed driver in Wyoming is 22,306 miles. Assume the standard deviation is 5500 miles. A random sample of 200 licensed drivers in Wyoming is selected and the mean number of miles driven yearly for the sample is calculated. (Source: 2017 World Almanac and Book of Facts)
a. What value would we expect for the sample mean?
b. What is the standard error for the sample mean?
Definition Definition Measure of central tendency that is the average of a given data set. The mean value is evaluated as the quotient of the sum of all observations by the sample size. The mean, in contrast to a median, is affected by extreme values. Very large or very small values can distract the mean from the center of the data. Arithmetic mean: The most common type of mean is the arithmetic mean. It is evaluated using the formula: μ = 1 N ∑ i = 1 N x i Other types of means are the geometric mean, logarithmic mean, and harmonic mean. Geometric mean: The nth root of the product of n observations from a data set is defined as the geometric mean of the set: G = x 1 x 2 ... x n n Logarithmic mean: The difference of the natural logarithms of the two numbers, divided by the difference between the numbers is the logarithmic mean of the two numbers. The logarithmic mean is used particularly in heat transfer and mass transfer. ln x 2 − ln x 1 x 2 − x 1 Harmonic mean: The inverse of the arithmetic mean of the inverses of all the numbers in a data set is the harmonic mean of the data. 1 1 x 1 + 1 x 2 + ...
Elementary Statistics: Picturing the World (7th Edition)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Hypothesis Testing using Confidence Interval Approach; Author: BUM2413 Applied Statistics UMP;https://www.youtube.com/watch?v=Hq1l3e9pLyY;License: Standard YouTube License, CC-BY
Hypothesis Testing - Difference of Two Means - Student's -Distribution & Normal Distribution; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=UcZwyzwWU7o;License: Standard Youtube License