Question: Suppose that a random sample of size 1 is to be taken from a finite population of size N. a. How many possible samples are
Suppose that a random sample of size 1 is to be taken from a finite population of size N.
a. How many possible samples are there?
b. Identify the relationship between the possible sample means and the possible observations of the variable under consideration.
c. What is the difference between taking a random sample of size 1 from a population and selecting a member at random from the population?
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