A population consists of four numbers 2, 3, 4, 5. Consider all possible distinct
samples of size two with replacement. Find (i) the population mean (ii) the
population standard deviation (iii) the sampling distribution of means (iv)
standard deviation of the sampling distribution of means
1
Expert's answer
2021-07-18T09:14:49-0400
(i)
mean=μ=42+3+4+5=3.5
(ii)
Variance=σ2
=4(2−3.5)2+(3−3.5)2+(4−3.5)2+(5−3.5)2
=1.25
σ=σ2=1.25=25
(iii) We have population values 2,3,4,5, population size N=4, and sample size n=2. Thus, the number of possible samples which can be drawn with replacement is
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