n All maximum possible random samples of size 4 are drawn from the finite population comprising of X=2,4 a) Verify central limit theorem (CLT) in this random experiment b) Between what two sample means would you expect the middle 75% of sample means to fall c) Estimate population mean at 90% C
a)
The central limit theorem (CLT) states that the distribution of sample means approximates a normal distribution as the sample size gets larger, regardless of the population's distribution.
sample mean
2,2,2,2 2
2,2,2,4 2.5
2,2,4,4 3
2,4,4,4 3.5
4,4,4,4 4
mean of the sample means:
"\\mu_{\\overline{x}}=\\frac{2+2.5+3+3.5+4}{5}=3"
standard deviation of the sample means:
"\\sigma_{\\overline{x}}=\\sqrt{\\frac{(2-3)^2+(2.5-3)^2+(3.5-3)^2+(4-3)^2}{5}}=1\/\\sqrt 2"
mean of population:
"\\mu=(2+4)\/2=3"
standard deviation of population:
"\\sigma=\\sqrt{\\frac{(2-3)^2+(4-3)^2}{2}}=1"
so,
"\\mu_{\\overline{x}}=\\mu=3"
"\\sigma_{\\overline{x}}=\\sigma\/\\sqrt n=1\/\\sqrt 4=1\/2"
b)
At least 75% of the data will be within two standard deviations of the mean (Chebychev’s rule)
then:
"\\mu\\pm 2\\sigma_{\\overline{x}}=3\\pm 2\\cdot1\/ 2=(2,4)"
the middle 75% of sample means falls between 2 and 4
c)
for 90% confidence interval of population mean:
"z=\\pm 1.645=\\frac{x-\\mu}{\\sigma}=\\frac{x-3}{1}"
"1.355<x<4.645"
sample means:
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