Chapter 7: Q. 7.45 (page 301)
NBA Champs Repeat parts (b) and (c) of Exercise 7.41 for samples of size 5. For part (b), use your answer to Exercise 7.15(b).
Short Answer
For the samples of size 5, the mean of the variable is.
Chapter 7: Q. 7.45 (page 301)
NBA Champs Repeat parts (b) and (c) of Exercise 7.41 for samples of size 5. For part (b), use your answer to Exercise 7.15(b).
For the samples of size 5, the mean of the variable is.
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Get started for freeA variable of a population is normally distribution with mean and standard deviation
a. Identify the distribution of
b. Does your answer to part (a) depend on the sample size? Explain your answer.
c. Identify the mean and the standard deviation of
d. Does your answer to part (c) depend on the assumption that the variable under consideration is normally distributed? Why or why not?
Refer to Exercise 7.9 on page 295.
a. Use your answers from Exercise 7.9(b) to determine the mean, , of the variable for each of the possible sample sizes.
b. For each of the possible sample sizes, determine the mean, , of the variable , using only your answer from Exercise 7.9(a).
Why is obtaining the mean and standard deviation of a first step in approximating the sample distribution of the sample mean by a normal distribution?
America's Riches. Each year, Forbes magazine publishes a list of the richest people in the United States. As of September l6, 2013, the six richest Americans and their wealth (to the neatest billion dollars) are as shown in the following table. Consider these six people a population of interest.
(a) For sample size of construct a table similar to table 7.2 on page293 what is the relationship between the only possible sample here and the population?
(b) For a random sample of size determine the probability that themean wealth of the two people obtained will be within (i.e, billion) of the population mean. interpret your result in terms of percentages.
Define sampling error?
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