Let us assume you are taking samples of data from a population that isN„ p20,15q. Multiplesamples of various sizes are taken.3A.Say you take 1 sample of sizen“1,000,000. What would be your best guess...

Let us assume you are taking samples of data from a population that isN„ p20,15q. Multiplesamples of various sizes are taken.3A.Say you take 1 sample of sizen“1,000,000. What would be your best guess of what ̄xandsare? Would you expect them to be close toμandσ?3B.Using your best guesses from 1A., what wouldSEp ̄xqbe?3C.If the next sample hadn“10 would you be more sure or less sure of your guess for ̄xandsfrom 1A?3D.What would beSEp ̄xqfor this new sample ofn“10?3E.As the sample sizengrows and grows, what would be the value of the sample standarddeviations?3F.As the sample sizengrows and grows, what would be the value of the standard error of themeanSEp ̄xq?1EDF 6407ASSIGNMENT #23G.When I am making claims about whether larger and larger samples yield better and betterapproximations of population parameters, am I talking about the Central Limit Theorem or theLaw of Large Numbers?3H.When I claim that many repeated samples (of a fixed size) approximate the normal curve,am I talking about the Central Limit Theorem of the Law of Large Numbers?