Question

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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