Topic: Mean, Variance, Standard Deviation of the Probability Distribution of

the Sample Mean

Given a population of 3, 4, and 5, solve the following: Show your solution

1. Consider all possible sizes of two which can be drawn without replacement. Create tables then solve for the mean and variance of the sampling distribution of the means.

2. Consider all possible sizes of three which can be drawn with replacement. Create tables then solve for the mean, variance and standard deviation of the sampling distribution of the means.