2. A population of N = 5 consists of the following values: 10, 12, 14, 16 and 18. Estimate the population mean by using a sampling distribution with a random variable of size n = 3. Prepare and...

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Extracted text: 2. A population of N = 5 consists of the following values: 10, 12, 14, 16 and 18. Estimate the population mean by using a sampling distribution with a random variable of size n = 3. Prepare and analyze the probability distributions of the sample means of the population values of N = 5.


Extracted text: Suppose a population consists of the scores of 5 students in a certain examination, as follows: 8, 10, 12, 14 and 16. By using a sampling distribution, estimate the population mean using a random variable of size n = 2. Prepare the probability distributions of the sample means of the scores of the 5 students.