The number of times four people go grocery shopping in a month is given by the population
Question:
The number of times four people go grocery shopping in a month is given by the population values 51, 3, 5, 76. A probability histogram for the data is shown at the left. You randomly choose two of the four people, with replacement. List all possible samples of size n = 2 and calculate the mean of each. These means form the sampling distribution of the sample means. Find the mean, variance, and standard deviation of the sample means. Compare your results with the mean μ = 4, variance σ2 = 5, and standard deviation σ = √5 ≈ 2.2 of the population.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Elementary Statistics Picturing The World
ISBN: 9781292260464
7th Global Edition
Authors: Betsy Farber, Ron Larson
Question Posted: