SOLUTION: A population consists of the five numbers 2, 3, 6, 8, 11. Consider all possible samples of size two which can be drawn with replacement from this population. Find (a) the mean of t

Algebra ->  Probability-and-statistics -> SOLUTION: A population consists of the five numbers 2, 3, 6, 8, 11. Consider all possible samples of size two which can be drawn with replacement from this population. Find (a) the mean of t      Log On


   



Question 1179168: A population consists of the five numbers 2, 3, 6, 8, 11. Consider all possible samples of size two which can be drawn with replacement from this population. Find (a) the mean of the population, (b) the standard deviation of the population, (c) the mean of the sampling distribution of means, (d) the standard deviation of the sampling distribution of means, i.e., the standard error of means.
Answer by Edwin McCravy(20054) About Me  (Show Source):
You can put this solution on YOUR website!

mean of population = %282%2B3%2B6%2B8%2B11%29%2F5=30%2F5=6

variance of population = [(2-6)²+(3-6)²+(6-6)²+(8-6)²+(11-6)²]/5 = 10.8

standard deviation of population = √(var) = √(10.8) = 3.286335345


  [2,2]  mean = 2    var =  0
  [2,3]  mean = 2.5  var =  0.25
  [2,6]  mean = 4    var =  4
  [2,8]  mean = 5    var =  9
 [2,11]  mean = 6.5  var = 20.25
  [3,3]  mean = 3    var =  0
  [3,6]  mean = 4.5  var =  2.25
  [3,8]  mean = 5.5  var =  6.25
 [3,11]  mean = 7    var = 16
  [6,6]  mean = 6    var =  0
  [6,8]  mean = 7    var =  1
 [6,11]  mean = 8.5  var =  6.25
  [8,8]  mean = 8    var =  0
 [8,11]  mean = 9.5  var =  2.25
[11,11]  mean = 11   var =  0
------------------------------
 sums           90         67.5

mean of sample means = 90/15 = 6

variance of sample means = 67.5/5 = 13.5

standard deviation of sample means = √13.5 = 3.674234614

(a) the mean of the population, μ=6
(b) the standard deviation of the population, σ=3.286335345
(c) the mean of the sampling distribution of means, μ=6
(d) the standard deviation of the sampling distribution of means, i.e., the
standard error of means. σ=3.674234614

Edwin