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8 Exercise 8-11 (Algo) (LO8-4) 7.69 Appendix B.4 is a table of random numbers that are uniformly distributed. Hence, each digit from 0 through (including)
8 Exercise 8-11 (Algo) (LO8-4) 7.69 Appendix B.4 is a table of random numbers that are uniformly distributed. Hence, each digit from 0 through (including) 9 has the same points likelihood of occurrence. (Round your answers to 2 decimal places.) Click here for the Excel Data File Book b-1. Assume that 10 random samples of five values are selected from a table of random numbers. The results follow. Each row represents a random sample Print References NUGNONTHOON Compute the mean of each sample. The population mean is The mean of the first row is The mean of the second row is The mean of the third row is The mean of the fourth row is The mean of the fifth row is The mean of the sixth row is The mean of the seventh row is The mean of the eighth row is The mean of the ninth row is The mean of the tenth row is The mean of the sample means is b-2. Compute the mean and standard deviation of the sample means. Compare the values to the population mean and standard deviation. The mean of the sampling distribution is . It close to the population mean. The standard error of the mean is . It is much than the population standard deviation
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