Question
Using the EAI data, take simple random samples of sizes 100 and 250 and use your samples to answerthe following questions: 1. Compare your sample
Using the EAI data, take simple random samples of sizes 100 and 250 and use your samples to answerthe following questions:
1. Compare your sample statistic point estimators to the population parameters.
2. Use your sample statistic to discuss the differences in incomes for managers with and withouttraining.
3. Is it sufficient to conclude on the closeness of your sample statistic to the population parametersbased on your simple random sample?
4. Relate the simple random samples you are taking to the sampling distribution of the mean
Cant post in EAI data because course hero won't accept excel link.
If answer is not possible, would just like some explaining how to do problem through excel.
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