A population consists of the following four values: 12, 12, 14, and 16. a. List all samples

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A population consists of the following four values: 12, 12, 14, and 16.

a. List all samples of size 2, and compute the mean of each sample.

b. Compute the mean of the distribution of the sample mean and the population mean.

Compare the two values.

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


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...
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Statistical Techniques In Business And Economics

ISBN: 356

16th Edition

Authors: Douglas Lind, William Marchal

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