The assets (in billions of dollars) of the four wealthiest people in a particular country are 44, 28, 24, 16. Assume that samples of size n=2 are randomly selected with replacement from this...


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The assets (in billions of dollars) of the four wealthiest people in a particular country are 44, 28, 24, 16. Assume that samples of size n=2 are randomly selected with<br>replacement from this population of four values.<br>a. After identifying the 16 different possible samples and finding the mean of each sample, construct a table representing the sampling distribution of the sample mean.<br>In the table, values of the sample mean that are the same have been combined.<br>Probability<br>Probability<br>44<br>26<br>36<br>24<br>34<br>22<br>30<br>20<br>28<br>16<br>(Type integers or fractions.)<br>

Extracted text: The assets (in billions of dollars) of the four wealthiest people in a particular country are 44, 28, 24, 16. Assume that samples of size n=2 are randomly selected with replacement from this population of four values. a. After identifying the 16 different possible samples and finding the mean of each sample, construct a table representing the sampling distribution of the sample mean. In the table, values of the sample mean that are the same have been combined. Probability Probability 44 26 36 24 34 22 30 20 28 16 (Type integers or fractions.)

Jun 11, 2022
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