Consider a population of four ferrets released on the high p
Consider a population of four ferrets released on the high plains of Wyoming with the following weights:4,2,3,1. If wildlife experts take a sample of size two with replacement to verify ferret health list the sample space of the experiment.
a) using the sample means, calculate the expected value and variance of the sample space. Draw the sampling distribution and discuss its shape and location.
b) calculate the population mean and variance. discuss the distribution of the population.
c) discuss the relationship between the parameters of the population and the expected values of the sampling distribution. What exactly is the importance of the Central Limit Theorem?
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