We have population values 7, 10, 14, 17, 20, population size N=5 and sample size n=3.
Mean of population (μ) = 57+10+14+17+20=13.6
Variance of population
σ2=NΣ(xi−xˉ)2=5109.2=21.84
σ=σ2=21.84≈4.6733
The number of possible samples which can be drawn without replacement is NCn=5C3=10.
no12345678910Sample7,10,147,10,177,10,207,14,177,14,207,17,2010,14,1710,14,2010,17,2014,17,20Samplemean (xˉ)31/334/337/338/341/344/341/344/347/351/3
Xˉ31/334/337/338/341/344/347/351/3f(Xˉ)1/101/101/101/102/102/101/101/10Xˉf(Xˉ)31/3034/3037/3038/3082/3088/3047/3051/30Xˉ2f(Xˉ)961/901156/901369/901444/903362/903872/902209/902601/90
Mean of sampling distribution
μXˉ=E(Xˉ)=∑Xˉif(Xˉi)=13.6=μ
The variance of sampling distribution
Var(Xˉ)=σXˉ2=∑Xˉi2f(Xˉi)−[∑Xˉif(Xˉi)]2=9016974−(13.6)2=90327.6=3.64=nσ2(N−1N−n)
σXˉ=3.64≈1.9079
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