A test is given to a class of 3 students. Marks obtained are 2,4 and 6, assume the students constitute the population. Find the standard deviation of the population
List all possible samples of size 2 that can drawn with replacement from the population
Determine the mean of each sample
Determine the mean of the sample means
Determine the standard deviation of sample means
Lets list all such samples and calculate their means
(2, 4) "m={\\frac {2+4} 2}=3"
(4, 2) "m={\\frac {2+4} 2}=3"
(2, 6) "m={\\frac {2+6} 2}=4"
(6, 2) "m={\\frac {2+6} 2}=4"
(4, 6) "m={\\frac {6+4} 2}=5"
(6, 4) "m={\\frac {6+4} 2}=5"
Lets calculate M - mean of the sample means
"M={\\frac{2*3+2*4+2*5} 6}=4"
Lets calculate "\\sigma" - the standard deviation of the sample means
"\\sigma=\\sqrt{{\\frac {2(3-4)^2+2(4-4)^2+2*(5-4)^2} {6-1}}}=\\sqrt{\\frac 4 5}\\approx 0.89"
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