17 Use the computer to generate 500 samples, each containing n = 25 measurements, from a population...
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17 Use the computer to generate 500 samples, each containing n = 25 measurements, from a population that contains values of x equal to 1, 2, … , 48, 49, 50. Assume that these values of x are equally likely. Calculate the sample mean x and median M for each sample. Construct relative frequency NW histograms for the 500 values of x and the 500 values of M .
Use these approximations to the sampling distributions of x and M to answer the following questions:
a. Does it appear that x and M are unbiased estimators of the population mean? [ Note: m = 25.5. ]
b. Which sampling distribution displays greater variation?
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