Answer on Question #55135 – Math – Statistics and Probability
Consider a random sample (WOR) of two households from a population of households having monthly income (in $) as follows:
Enumerate all possible samples (WOR) of size 2 and show that the sample mean gives an unbiased estimate of population mean.
Solution
Let be the number of household, is the corresponding income.
The sample mean of pair is given by
All possible samples (WOR) of size 2:
Population mean is
The sample mean is
Thus, formulae (1) and (2) show that
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