A population consists of the following three values: 1, 2, and 3. a. Sampling with replacement, list

Question:

A population consists of the following three values: 1, 2, and 3.

a. Sampling with replacement, list all possible samples of size 2 and compute the mean of every sample.

b. Find the means of the distribution of the sample mean and the population mean. Compare the two values.

c. Compare the dispersion of the population with that of the sample mean.

d. Describe the shapes of the two distributions.

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...