QNT 561 Week 2 Individual (Chapter 4 and 5)

# QNT 561 Week 2 Individual (Chapter 4 and 5)

J
0 points

Chapter 4 and 5

Name

QNT 561

Ch. 4 of Statistics for Business and Economics

Answer for part (a) and (b)

Sample

Sample mean

0, 0

0

0, 2

1

0, 4

2

0, 6

3

2, 0

1

2, 2

2

2, 4

3

2, 6

4

4, 0

2

4, 2

3

4, 4

4

4, 6

5

6, 0

3

6, 2

4

6, 4

5

6, 6

6

c. Each sample has an equal probability to be selected. There are 16 samples. Hence the probability of selecting a sample is

d. Sampling distribution of the sampling mean.

Sample mean

P(

0

1/16

1

1/8

2

3/16

3

1/4

4

3/16

5

1/8

6

1/16

e.

a. Mean 10 and Standard deviation of the sample mean

b. Mean 100 and Standard deviation of the sample mean

c. Mean 20 and Standard deviation of the sample mean

d. Mean 10 and Standard deviation of the sample mean

According to the...

QNT 561
jacob

J
0 points

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Excerpt from file: Chapter4and5 Name QNT561 Ch.4ofStatisticsforBusinessandEconomics Answerforpart(a)and(b) Sample 0,0 0,2 0,4 0,6 2,0 2,2 2,4 2,6 4,0 4,2 4,4 4,6 6,0 6,2 6,4 6,6 Samplemean 0 1 2 3 1 2 3 4 2 3 4 5 3 4 5 6 c.Eachsamplehasanequalprobabilitytobeselected.Thereare16samples.Hencethe

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