Answer to Question #169415 in Statistics and Probability for JEREMIAH UBALDO

Question #169415

. Random sample of size 4 are drawn from the finite population which consists of the numbers 2,3,7,8,and 10.

a. What is the population mean, population variance and population standard deviation of the given data?


b. What is the sampling distribution of the sample means for a sample of size 2 which can be drawn without replacement from the given population?


c. What is the mean, variance and standard deviation of the sampling distribution?


1
Expert's answer
2021-03-11T06:32:12-0500

a). Suppose that we have chosen numbers: "x_1,x_2,x_3,x_4". Then the mean is: "\\mu=\\frac{x_1+x_2+x_3+x_4}{4}". The variance is: "\\sigma^2=\\frac{(x_1-\\mu)^2+(x_2-\\mu)^2+(x_3-\\mu)^2+(x_4-\\mu)^2}{4}" . The standard deviation is "\\sigma". For 5 numbers 2,3,7,8,10 we have: "\\mu=\\frac{2+3+7+8+10}{5}=6" , The variance is: "\\sigma^2=\\frac{(2-6)^2+(3-6)^2+(7-6)^2+(8-6)^2+(10-6)^2}{5}=\\frac{16+9+1+4+16}{5}=9.2". The standard deviation is: "\\sigma=\\sqrt{9.2}\\approx3.03".

b). We have the discrete distribution. We can obtain "5+4+3+2+1=15" different pairs of numbers. We enumerate them and their means:

(2,2) "\\mu=2" , (2,3) "\\mu=2.5", (2,7) "\\mu=4.5" , (2,8) "\\mu=5", (2,10) "\\mu=6"; (3,3) "\\mu=3" , (3,7) "\\mu=5", (3,8) "\\mu=5.5" , (3,10) "\\mu=6.5" ; (7,7) "\\mu=7" , (7,8) "\\mu=7.5" , (7,10) "\\mu=8.5" ; (8,8,) "\\mu=8" ,(8,10) "\\mu=9" ; (10,10) "\\mu=10"; For all means the probability is "p=\\frac{1}{15}" except of "\\mu=5". For the latter we have: "p=\\frac{2}{15}".We received a discrete probability distribution with a finite probability space.

c). The mean is: "E[X]=\\frac{2+2.5+4.5+2\\cdot5+6+3+5.5+6.5+7+7.5+8.5+8+9+10}{15}=6" . The variance is: "\\sigma^2=Var[X]=E[X^2]-(E[X])^2=\\frac{2^2+2.5^2+4.5^2+2\\cdot5^2+6^2+3^2+5.5^2+6.5^2+7^2+7.5^2+8.5^2+8^2+9^2+10^2}{15}-6^2\\approx41.367-36\\approx5.37"

The standard deviation is: "\\sigma=\\sqrt{5.37}\\approx2.32"



Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

Assignment Expert
28.04.21, 08:44

Dear playsafe, please use the panel for submitting new questions.

playsafe
27.04.21, 14:11

The average family income in the Philippines in 2019 was Php22,250 with a standard deviation of Php 1,250. In a certain municipality, a sample of 50 families had an average income of Php25,000. This situation is about the sampling distribution of the sample mean where the population

Leave a comment

LATEST TUTORIALS
APPROVED BY CLIENTS