a A population consists of the following five values 8 10 14

a. A population consists of the following five values: 8, 10, 14, 17, and 20.(Round your mean value to 2 decimal places.)

from sample 1 to 10 : values, sum, and mean

b. Compute the mean of the distribution of sample means and the population mean. (Round your answers to 2 decimal places.)

Solution

The sum is: 8+10+14+17+20=69

The mean is: 69/5=13.8

The sample mean is an unbiased estimator of population mean. Thus, the mean of the distribution of sample means will be 13.8

a. A population consists of the following five values: 8, 10, 14, 17, and 20.(Round your mean value to 2 decimal places.) from sample 1 to 10 : values, sum, and

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