Sampling distribution:

1)

Employee: Salary / hour ($)

Antonio 11.25

Benedict 10.15

Charlie 9.75

Dionisio 11.10

Ernesto 10.85

Requirements:

a. Construct a sampling distribution of size n = 4

b. Calculate the sample mean

c. Calculate the standard error of the mean

2)

Using the data from exercise # 1:

a. Construct a sampling distribution of size n = 2

b. Calculate the sample mean

c. Calculate the standard error of the mean

d. Compare the results of letters b and c of both exercises. What conclusion did I come to?