Q.7.34
Question
7.34 Refer to Exercise 7.4 on page 295.
a. Use your answers from Exercise 7.4(b) to determine the mean, , of the variable for each of the possible sample sizes.
b. For each of the possible sample sizes, determine the mean, , of the variable , using only your answer from Exercise 7.4(a).
Step-by-Step Solution
Verifieda). The variable has a mean value of ().
b). is the population average.
Data on the population: .
For the variable , we have population data, which is .
The mean of the variable for each of the samples is calculated as follows:
The sample and sample mean for a sample of size are shown in the table below.
| Sample | |
| |
The variable has the following mean :
The variable has a mean of .
The sample and sample mean for a sample of size are shown in the table below.
| Sample | |
The variable has the following mean :
The variable has a mean value of ().
The sample and sample mean for a sample of size are shown in the table below.
| Sample | |
| |
Interpretation: We can see from the foregoing that the mean of all potential sample means is the same.
Data on the population: .
The following is a definition of the population mean:
is the population average.
We can see that based on the results of parts (a) and (b).
The population mean is equal to the mean of all feasible sample means.