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STA2023 ACSPRING 2017 est TEST 4 his Question: 1 pt 5 of 20 (2 complete) This Te

ID: 3224914 • Letter: S

Question

STA2023 ACSPRING 2017 est TEST 4 his Question: 1 pt 5 of 20 (2 complete) This Test: 20 pts poss The assets (n binons of dollars) of the four wealthiest people in a particular country are 43, 32.28, 12 Assume that samples of size n 2 are randomly selected wrh replacement mom mis poputation of our a. After identifying the 16 dnerent possible samples and nnding the mean of each sample construct a table represenong the samping distribution of the sample mean in the table. values ofthe sample mean that are the same have been combined 375 otype mtegers or tractions) b. Compare the mean of the population to the mean of the samping destribution of the sample mean the mean of the sample means The mean of the population, L is Enter your answer in each of the answer boxes Ask me anything

Explanation / Answer

as probability of each sample will be =1/16 for there are 4*4 =16 samples are there

adding duplicate values please find final table

mean of the population 28.75 is equal to mean ....28.75

sample mean targets the population mean... unbaised

x1 x2 xbar P 43 43 43 1/16 32 43 37.5 1/16 28 43 35.5 1/16 12 43 27.5 1/16 43 32 37.5 1/16 32 32 32 1/16 28 32 30 1/16 12 32 22 1/16 43 28 35.5 1/16 32 28 30 1/16 28 28 28 1/16 12 28 20 1/16 43 12 27.5 1/16 32 12 22 1/16 28 12 20 1/16 12 12 12 1/16