A random sample of size 4 is taken with replacement from a population with mean 12 and variance 8.Determine the mean ,variance,and standard deviation.
Solution;
For the mean;
"\\mu_p=\\mu_s"
Therefore the mean of the sample is;
"12"
For the variance;
"\\sigma_s^2=\\frac{\\sigma_p}{n}=\\frac{8}{4}=2"
For the standard deviation;
"s=\\sqrt{\\sigma_s^2}=\\sqrt{2}" =1.414
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