Question: Consider the following probability distribution: a. Find . b. For a random sample of n = 3 observations from this distribution, find the sampling distribution

Consider the following probability distribution:

P(x) 2


a. Find μ.

b. For a random sample of n = 3 observations from this distribution, find the sampling distribution of the sample mean.

c. Find the sampling distribution of the median of a sample of n = 3 observations from this population.

d. Refer to parts b and c, and show that both the mean and median are unbiased estimators of μ for this population.

e. Find the variances of the sampling distributions of the sample mean and the sample median.

f. Which estimator would you use to estimate μ? Why?

P(x) 2

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a xp x 0 13 1 13 2 13 1 b Sample Probability Sample Probability 00 0 0 127 11 2 43 127 00 1 13 127 1... View full answer

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