Consider a population consisting of 3, 6, 7, 9, 10, 4, and 8. Suppose samples of size 2 are drawn from this population. Describe the sampling distribution of sample means. What is the standard deviation of the sampling distribution? NOTE: EXPRESS YOUR ANSWER INTO 4 DECIMAL PLACE VALUES
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Expert's answer
2022-04-27T02:08:10-0400
Here population size : N=7 and we have to draw a sample of size 2
So, there are NCn possible samples that is, 7C2=21
Mean of population (μ) = 73+6+7+9+10+4+8=747≈6.7143
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