Question #349101

If the variance of the population is 5, what is the variance of the sampling distribution of the means of size 3 drawn from this population?

Expert's answer

Var(Xˉ)=σXˉ2=σ2n=53Var(\bar{X})=\sigma^2_{\bar{X}}= \dfrac{\sigma^2}{n}=\dfrac{5}{3}

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