Question: In a data set with 2500 points, the sample mean was calculated to be 3980, and the sample standard deviation was calculated to be 1000.
In a data set with 2500 points, the sample mean was calculated to be 3980, and the sample standard deviation was calculated to be 1000. Assuming that the data were generated from a random output that was distributed according to a Normal distribution, what is the mean and standard deviation that you would use for predicting the next sample.
= 3980 =1020
= 3980 and = 1000
= 4000 and = 1020
= 4000 and = 1000
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
