List all samples of size 3 and compute the mean of each samp

List all samples of size 3, and compute the mean of each sample. (Round your mean value to 2 decimal places.)

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

A population consists of the following five values: 12, 12, 14, 15, and 20.
  

Solution

a.

b. Mean of sample means = (12.67 + 13 + 14.67 + 13.67 + 15.33 + 15.67 + 13.67 + 15.33 + 15.67 + 16.33) / 10

= 14.60

Population mean = (12+12+14+15+20)/5 = 14.60

Sample Values Sum Mean
1 12,12,14 38 12.67
2 12,12,15 39 13
3 12,12,20 44 14.67
4 12,14,15 41 13.67
5 12,14,20 46 15.33
6 12,15,20 47 15.67
7 12,14,15 41 13.67
8 12,14,20 46 15.33
9 12,15,20 47 15.67
10 14,15,20 49 16.33
List all samples of size 3, and compute the mean of each sample. (Round your mean value to 2 decimal places.) Compute the mean of the distribution of sample mea

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