Question: A computer is programmed to take the sum of 100 draws made at random with replacement from the box: 02233 (a) What are the lowest

A computer is programmed to take the sum of 100 draws made at random with replacement from the box: 02233

(a) What are the lowest and highest possible values for the sum of the 100 draws?

(b) What is the expected value and standard error for the sum of 100 draws?

(c) What is the expected value and standard error for the average of 100 draws?

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The numbers are 02233 a Lowest possible value 1000 0 Highest Possible value 1003 300 b Let ... View full answer

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