A population consists of the following five values: 12, 12, 14, 15, and 20. a. List all

Question:

A population consists of the following five values: 12, 12, 14, 15, and 20.

a. List all samples of size 3, and compute the mean of each sample.

b. Compute the mean of the distribution of sample means and the population mean. Compare the two values.

c. Compare the dispersion in the population with that of the sample means.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...