In Exercises 7.3-7.10, we have given population data for a variable. For each exercise, do the following tasks.
a. Find the mean, μ, of the variable.
b. For each of the possible sample sizes, construct a table similar to Table 7.2 on page 293 and draw a dotplot for the sampling distribution of the sample mean similar to Fig. 7.1 on page 293.
c. Construct a graph similar to Fig. 7.3 and interpret your results.
d. For each of the possible sample sizes, find the probability that the sample mean will equal the population mean.
e. For each of the possible sample sizes, find the probability that the sampling error made in estimating the population mean by the sample mean will be 0.5or less (in magnitude), that is, that the absolute value of the difference between the sample mean and the population mean is at most 0.5.
7.4 Population data: 2,5,8.

Short Answer

Expert verified

(a) The mean,μ, of the variable is 5.

(b) The dot plot for the sampling distribution of the sample mean as:

(c) Constructed the dot plot for the sampling distribution of the sample mean as:

(d) The probability that sample mean will be equal to population mean for n=3is 0.

(e) The probability that Xwill be within 0.5or less of μfor n=3is 0.

Step by step solution

01

Part (a) Step 1: Given information

To find the mean, μ , of the variable

02

Part (a) Step 1: Explanation

Let, the mean μis calculated as follows:
μ=x1N
=2+5+83
=153
=5
As a result, the mean, μ, of the variable is 5.

03

Part (b) Step 1: Given information

To construct a table similar and draw a dotplot for the sampling distribution of the sample mean.

04

Part (b) Step 2: Explanation

Let, the population data is 2,5,and 8.

Create a table for each of the various sample sizes as follows:
If n=1, is the sample size,

Sample
X
2
2.0
5
5.0
8
8.0

If n=2, is the sample size,

Sample
X
2.5
3.5
2.8
5.0
5.8
6.5

If n=3, is the sample size,

Sample
X
2,5,8
3

As a result, as shown below, construct the dot plot for the sampling distribution of the sample mean.

05

Part (c) Step 1: Given information

To construct a graph similar to Fig. 7.3 and interpret the results.

06

Part (c) Step 2: Explanation

Let, the the population data is 2,5,and 8.

Construct the dot plot for the sampling distribution of the sample mean as:

07

Part (d) Step 1:Given information

To find the probability that the sample mean will equal the population mean.

08

Part (d) Step 2: Explanation

Let, the population data is 2,5,and 8.
Find the probability that the sample mean will equal the population mean for each feasible sample size. Note that there is one dot equivalent to μ=5 in the dot lot.
As a result, the chance of the sample mean equaling the population mean for n=1is 13.
For n=2, the probability that the sample mean equals the population mean is the same=13
There is no dot in the dot lot that corresponds to μ=5.
As a result, the probability that sample mean will be equal to population mean for n=3is 0.

09

Part (e) Step 1: Given information

To find the probability that the sampling error made in estimating the population mean by the sample mean will be 0.5 or less.

10

Part (e) Step 2: Explanation

Let, the population data is 2,5,and 8.
Determine the probability that the sampling error in estimating the population mean by the sample mean will be 0.5or less; that is, the probability that Xwill be within 0.5of μ.
For n=1and n=2, the number of dots within 0.5of μ=5 is one out of three.
Because there are no dots in the sample for n=3, the mean Xwill be within 0.5of μ.
As a result, the probability that X¯will be within 0.5or less of μfor

n=1is 13.

Correspondingly, the probability that X¯will be within 0.5less of μfor n=2is 13

As a result, the probability that X¯will be within 0.5or less of μfor n=3is 0.

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Most popular questions from this chapter

Ethanol Railroad Tariffs. An ethanol railroad tariff is a fee charged for shipments of ethanol on public railroads. The Agricultural Marketing Service publishes tariff rates for railroad-car shipments of ethanol in the Biofuel Transportation Database. Assuming that the standard deviation of such tariff rates is \(1,150, determine the probability that the mean tariff rate of 500randomly selected railroad car shipments of ethanol will be within \)100of the mean tariff rate of all railroad-car shipments of ethanol. Interpret your answer in terms of sampling error.

Population data: 2,3,5,5,7,8

Part (a): Find the mean, μ, of the variable.

Part (b): For each of the possible sample sizes, construct a table similar to Table 7.2on the page 293and draw a dotplot for the sampling for the sampling distribution of the sample mean similar to Fig 7.1on page 293.

Part (c): Construct a graph similar to Fig 7.3and interpret your results.

Part (d): For each of the possible sample sizes, find the probability that the sample mean will equal the population mean.

Part (e): For each of the possible sample sizes, find the probability that the sampling error made in estimating the population mean by the sample mean will be 0.5or less, that is, that the absolute value of the difference between the sample mean and the population mean is at most0.5.

7.35 Refer to Exercise 7.5 on page 295 .

a. Use your answers from Exercise 7.5(b) to determine the mean, μi. of the variable x¯ for each of the possible sample sizes.

b. For each of the possible sample sizes, determine the mean, μ5, of the variable x¯, using only your answer from Exercise 7.5(a).

Does the sample size have an effect on the standard deviation of all possible sample means? Explain your answer.

Officer Salaries. The following table gives the monthly salaries (in \(1000) of the six officers of a company.

a. Calculate the population mean monthly salary,μ

There are 15possible samples of size 4from the population of six officers. They are listed in the first column of the following table.

b. Complete the second and third columns of the table.

c. Complete the dot plot for the sampling distribution of the sample mean for samples of size 4Locate the population means on the graph.

d. Obtain the probability that the mean salary of a random sample of four officers will be within 1 (i.e., \)1000) of the population mean.

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