We have population values 1,3,4,6,8, population size N= 5 and sample size n = 3. Thus, the number of possible samples which can be drawn without replacement is
( NCn) = (5C3) = 10
Sample no sample values sample means
1 1,3,4 8/3
2 1,3,6 10/3
3 1,3,8 4
4 1,4,6 11/3
5 1,4,8 13/3
6 1,6,8 5
7 3,4,6 13/3
8 3,4,8 5
9 3,6,8 17/3
10 4,6,8 6
we obtain the mean, variance and standard deviation as below
The sampling distribution of the sample means.
Xˉ8/310/311/3413/3517/36Totalf1111221110f(Xˉ)1/101/101/101/102/102/101/101/101Xˉf(Xˉ)8/3010/3011/3012/3026/3030/3017/3018/30132/30Xˉ2f(Xˉ)64/90100/90121/90144/90338/90450/90289/90324/901830/90mean=(132/30)=4.4,variance=(1830/90)−(4.4∗4.4)=0.97333,std=(0.97333)1/2=0.98657
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