Three randomly selected households are surveyed the numbers of people in the households are 2, 6 and 7 assume that

Question:

Three randomly selected households are surveyed the numbers of people in the households are 2, 6 and 7 assume that samples of size n = 2 are randomly selected with replacement from the population of 2, 6 and 7 listed below are the nine different samples

2, 2 2,6 2,7 6,2 6,6 6,7 7,2 7,6 7,7

Find the variance of each of the nine samples then summarize the sampling distribution of the variances in the format of a table representing the probability distribution of the distinct variance values

S^2___________________ Probability

0, 0.3, or 0.3 ...............................

1, 6.3 or 0.5 ................................

8, 4 or 25 ..................................

40.5, 6.3 or 12.5 ..........................

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...

This problem has been solved!


Do you need an answer to a question different from the above? Ask your question!

Step by Step Answer:

Related Book For  answer-question

Elementary Statistics

ISBN: 9780321500243

11th Edition

Authors: Mario F. Triola

View Solution
Create a free account to access the answer
Cannot find your solution?
Post a FREE question now and get an answer within minutes. * Average response time.
Question Posted: January 10, 2018 01:53:04