The assets (in bilions of dollars) of the four wealthiest people in a particular country are 43, 33, 18, 17. Assume that
Posted: Mon Jul 11, 2022 11:43 am
question: 1 point(s) possible CD Probability Submit test (Type integers or actions) b. Compare the mean of the population to the mean of the sampling distribution of the sample mean The mean of the population [ the mean of the sample means (Round to two decimal places as needed) c. Do the sample means target the value of the population mean? In general, do sample means make good estimates of population means? Why or why not? The sample means the population mean in general, sample means make good estimates of population means because the mean i
The assets (in bilions of dollars) of the four wealthiest people in a particular country are 43, 33, 18, 17. Assume that samples of size n-2 are randomly selected with replacement from this population of four values 43 38 33 30.5 a. 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 means that are the same have been combined Probability 25.5 25 18 17.5 17 This