Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please show your solution and answer in 3 decimal places . Thank you! You can start answering number 2.2 and so on. 1.Suppose you have

Please show your solution and answer in 3 decimal places. Thank you!

You can start answering number 2.2 and so on.

1.Suppose you have a population of N = 6 such that X1=1, X2=2, X3= 5, X4=5, X5=8

and X6=9, determine the following:

1.1population mean; mean=5

1.2population variance; and variance=8.333

1.3population standard deviation. standard deviation =2.887

2.Suppose that from the population data in #1 above, find the following:

(NOTE: NCn = N!/[(N-n)! n!];whereN is population size and n is sample size)

2.1given n = 2,

2.1.1) frequency distribution of the sample mean;

2.1.2) expected value of the sampling distribution of the sample mean (i.e., the mean of all the sample means).

2.1.3) the variance of the sampling distribution of the mean

2.1.4) the standard deviation of the sampling distribution of the mean

2.2given n = 3,

2.2.1) frequency distribution of the sample mean;

2.2.2) expected value of the sampling distribution of the sample mean (i.e., the mean of all the sample means). mean =5

2.2.3) the variance of the sampling distribution of the mean variance= 4.1667

2.2.4) the standard deviation of the sampling distribution of the mean standard deviation =2.0412

2.3given n = 4,

2.3.1) frequency distribution of the sample mean;

2.3.2) expected value of the sampling distribution of the sample mean (i.e., the mean of all the sample means).

2.3.3) the variance of the sampling distribution of the mean

2.3.4) the standard deviation of the sampling distribution of the mean

3.3.1 What do you call the standard deviation of the sampling distribution of the mean?

It is called the standard error of the mean.

3.2 Determine the alternative formula and compute #3.1 using the population standard deviation.

3.3Compare the results in #1 and #2 above.What observations and conclusion can you derive?

4.Compare the results in #2 above.What observations and conclusion can you derive?

I would like to compare my answers to yours. Don't worry, I will give helpful feedback. Thanks again!

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Practical Linear Algebra A Geometry Toolbox

Authors: Gerald Farin, Dianne Hansford

4th Edition

1003051219, 9781003051213

More Books

Students also viewed these Mathematics questions

Question

summarize the theory of reciprocal altruism.

Answered: 1 week ago

Question

a neglect of quality in relationship to international competitors;

Answered: 1 week ago