Each of the following three experiments will be repeated 1 million times and the variance of the
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Each of the following three experiments will be repeated 1 million times and the variance of the 1 million results will be calculated. Which of these experiments do you think will have the largest variance? The smallest variance? Explain your reasoning.
a. A six-sided die is rolled and the outcome is recorded.
b. Ten six-sided dice are rolled and the sum of the ten numbers is recorded.
c. Ten six-sided dice are rolled and the average (the sum of the numbers, divided by 10)
is recorded.
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Related Book For
Essential Statistics Regression And Econometrics
ISBN: 9780123822215
1st Edition
Authors: Gary Smith
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