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Given the population 2, 3, 6, 8, 11, N=5, n=2, sampling with replacement, calculate the population mean, population standard deviation, and the mean of the sampling distribution of means.
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The population consists of the numbers .
The population size is .
The sample size is .
Sampling is done with replacement.
Part i· 2 steps
The mean of the population ()
Sum all the values in the population.
Divide the sum by the number of values in the population ().
The mean of the population is .
Part ii3.29
The standard deviation of the population ()
Calculate the squared difference between each population value and the population mean ().
Sum these squared differences.
Divide the sum by the population size () and take the square root.
The standard deviation of the population is .
Part iii6
The mean of the sampling distribution of means ()
For sampling with replacement, the mean of the sampling distribution of means is equal to the population mean.
The mean of the sampling distribution of means is .
Part iv2.32
The standard deviation of the sampling distribution of means ()
Use the formula for the standard error of the mean for sampling with replacement.
Where (from part ii) and .
The standard deviation of the sampling distribution of means is .
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