Question
An economist gathers a random sample of 500 observations, and loses the records of the last 180. This leaves only 320 observations from which to
An economist gathers a random sample of 500 observations, and loses the records of the last 180. This leaves only 320 observations from which to calculate the sample mean. What is the efficiency of this, relative to what could have been obtained from the whole sample?
What is the efficiency of the sample median relative to the sample mean in estimating the center of a normal population?
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Elementary Statistics
Authors: Robert R. Johnson, Patricia J. Kuby
11th Edition
978-053873350, 9781133169321, 538733500, 1133169325, 978-0538733502
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