Question #55135

Consider a random sample (WOR) of two households from a population of
households having monthly income (in $) as follows:
Household 1 2 3 4 5
Income 1000 1200 900 1500 1300
Enumerate all possible samples (WOR) of size 2 and show that the sample mean
gives an unbiased estimate of population mean.
1

Expert's answer

2015-10-06T00:00:44-0400

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 ii be the number of household, XiX_i is the corresponding income.

The sample mean of pair i,ji,j is given by


Xi+Xj2.\frac{X_i + X_j}{2}.


All possible samples (WOR) of size 2:



Population mean is


μ=1000+1200+900+1500+13005=1180.\mu = \frac{1000 + 1200 + 900 + 1500 + 1300}{5} = 1180.


The sample mean is


xˉtn=1100+950+1250+1150+1050+1350+1250+1200+1100+140010=1180.\frac{\sum \bar{x}_t}{n} = \frac{1100 + 950 + 1250 + 1150 + 1050 + 1350 + 1250 + 1200 + 1100 + 1400}{10} = 1180.


Thus, formulae (1) and (2) show that


xˉtn=μ.\frac{\sum \bar{x}_t}{n} = \mu.


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