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d. For a random sample of size2, what is the chance that the sample mean will equal the populationmean? The probability is nothing e For
d. For a random sample of size2, what is the chance that the sample mean will equal the populationmean?
The probability is
nothing
e For a random sample of size 2, determine theprobabilitythat themean wealth ofthetwo people obtained willbe within3 ($3 billion)of the population mean. ?
Each year, a magazine publishes a list of the richest people in a country. In the last year's issue, the six richest people and their wealth Click the icon to view a list of the six richest people a. Calculate the mean wealth, u, of the six people. p= $ 49.2 billion (Round to one decimal place as needed.) b. For samples of size 2, construct a table of all possible samples and their sample means. Sample Wealths Sample Wealths Sample Wealths AB 74, 65 69.5 B. C 65, 42 53.5 C. E 42, 39 40.5 A C 74, 42 58 B. D 65 39 52 C. F 42, 36 39 AD 74, 39 56.5 BE 65 39 52 D. E 39, 39 39 AE 74. 39 56.5 B. F 65. 36 50.5 D. F 39, 36 37.5 AF 74, 36 55 42, 39 40.5 E. F 39. 36 37.5 (Type integers or decimals. Do not round.] c. Draw a dotplot for the sampling distribution of the sample mean for samples of size 2. 35 40 45 50 55 60 65 70 75 O C. 5 40 45 50 55 60 65 70 75 d. For a random sample of size 2. what is the chance that the sample mean will equal the population mean? Enter your answer in the answer box and then click CheckStep by Step Solution
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