Consider the following data related to the number of units that 6 sales representatives have sold during
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Question:
Consider the following data related to the number of units that 6 sales representatives have sold during the last month,
S. No | 1 | 2 | 3 | 4 | 5 | 6 |
Sales | 50 | 52 | 57 | 59 | 60 | 63 |
- Calculate mean µ and standard deviation σ.
- Assuming that you sample without replacement, select all possible of n = 2 and construct the sampling distribution of the mean. Compute the mean and standard deviations of all the sample means.
- Verify that
- Ex=μ
- .S.Ex=σn.N-nN-1
Related Book For
Statistics The Art and Science of Learning from Data
ISBN: 978-0321755940
3rd edition
Authors: Alan Agresti, Christine A. Franklin
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