consider tje population consisting of the value 1,3,4 list all the possible size2 that can be drawn from the population with replacement , compute the mean, variance and standard deviation of the sampling distribution of the means , construct the probability histogram of the sample mean with replacement when n=2
List of all possible samples of size 2 with replacement, and their means:
{1, 1}, mean = (1+ 1) / 2 = 1
{1, 3}, mean = (1 + 3) / 2 = 2
{1, 4}, mean = (1 + 4) / 2 = 2.5
{3, 3}, mean = (3 + 3) / 2 = 3
{3, 4}, mean = (3 + 4) / 2 = 3.5
{4, 4}, mean = (4 + 4) / 2 = 4
Number of samples is n = 6
Mean of the sampling distribution of the means:
Variance:
Standard deviation:
Since each mean appears exactly 1 time, probability of each mean is 1 / 6 = 0.1667
Probability histogram:
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