Assume that the following represent a population of N 24 values: 10 14 32 9 34
Question:
Assume that the following represent a population of N 24 values:
10 14 32 9 34 19 31 24 33 11 14 30 6 27 33 32 28 30 10 31 19 13 6 35
a. If a random sample of n 10 items includes the following values, compute the sampling error for the sample mean:
32 19 6 11 10 19 28 9 13 33
b. For a sample of size n 6, compute the range for the possible sampling error. (Hint: Find the sampling error for the 6 smallest sample values and the 6 largest sample values.)
c. For a sample of size n 12, compute the range for the possible sampling error. How does sample size affect the potential for extreme sampling error?
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Related Book For
Business Statistics A Decision Making Approach
ISBN: 9780136121015
8th Edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry, Kent D. Smith
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