Use the computer to generate 500 samples, each containing n = 25 measurements, from a population that

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Use the computer to generate 500 samples, each containing n = 25 measurements, from a population that contains values of x equal to 1, 2, 48, 49, 50. Assume that these values of x are equally likely. Calculate the sample mean x and median m for each sample. Construct relative frequency histograms for the 500 values of x and the 500 values of m. Use these approximations to the sampling distributions of x and m to answer the following questions:
a. Does it appear that  and m are unbiased estimators of the population mean? [µ = 25.5.]
b. Which sampling distribution displays greater variation? Distribution
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Statistics For Business And Economics

ISBN: 9780321826237

12th Edition

Authors: James T. McClave, P. George Benson, Terry T Sincich

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