Consider the population described by the probability distribution shown below. The random variable x is observed twice.
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The random variable x is observed twice. If these observations are independent, verify that the different samples of size 2 and their probabilities are as shown in the next column.
a. Find the sampling distribution of the sample mean
b. Construct a probability histogram for the sampling distribution of .
c. What is the probability that is 4.5 or larger?
d. Would you expect to observe a value of equal to 4.5 or larger? Explain.
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Statistics For Business And Economics
ISBN: 9780321826237
12th Edition
Authors: James T. McClave, P. George Benson, Terry T Sincich
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