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3. You are given a box containing tickets 1, 2, 2, 5 . Suppose 100 draws have the following outcome: 20 1 's, 44 2

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3. You are given a box containing tickets 1, 2, 2, 5 . Suppose 100 draws have the following outcome: 20 1 's, 44 2 's and 36 5 's. Determine the following, and justify your answers. a. Observed value for the sum of the draws. b. Observed average of the draws. c. Observed value for the 5 's. d. Observed value for the 2 's. e. Expected value for the sum of the draws. f. Expected value for the 5 's. g. Expected value for the 2 's. h. Chance error in the sum of the draws. i. Standard error for the sum of the draws. j. How many standard error SE values is the observed value of 5 drawn above or below its expected value

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