Use the information given in question 43 to randomly select five samples of four people and determine

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Use the information given in question 43 to randomly select five samples of four people and determine the mean and standard deviation for each sample.

Question 43

Consider the members of a group with ages 23, 19, 25, 32, and 27. If a random sample of two is to be taken without replacement, what is the sampling distribution for their mean age? What is the mean and variance for the distribution?

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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