a. To get acquainted with the two theoretical populations, randomly select a very large sample from each.
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b. If samples of size 8 are randomly selected from each population, what do you expect the distribution of x1 = x2 to be like (shape of distribution, mean, standard error)?
c. Randomly draw a sample of size 8 from each population, and find the mean of each sample. Find the difference between the sample means. Repeat 99 more times.
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...
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