Question: Five economists have published recent forecasts for the upcoming fiscal

Five economists have published recent forecasts for the upcoming fiscal year. Three of the economists predict an upturn in the economy. Two predict a downturn.
a. List the 10 possible samples of size 2 that could be selected from this population of economists.
b. Show the proportion of economists in each sample who predict an upturn.
c. Produce a table showing the sampling distribution of the sample proportion and show the corresponding bar chart.

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  • CreatedJuly 16, 2015
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