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The assets (in billions of dollars) of the four wealthiest people in a particula

ID: 3390724 • Letter: T

Question

The assets (in billions of dollars) of the four wealthiest people in a particular country are 30 comma 27 comma 23 comma 1430, 27, 23, 14. Assume that samples of size n equals=2 are randomly selected with replacement from this population of four values. After identifying the 16 different possible samples and finding the mean of each sample, construct a table representing the sampling distribution of the sample mean. In the table, values of the sample mean that are the same have been combined.

Need probability for 30, 28.5, 27, 26.5, 25, 23, 22, 20.5, 18.5, 14

Explanation / Answer

                     

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