Consider a population of five weights identical in appearance but weighing 1, 3, 5, 7, and 9 ounces.
a.Determine the mean and the variance of the population.b.Sampling without replacement from the above population with a sample size of 2 produces ten possible samples. Using the ten sample mean values, determine the mean of the population and the variance of .c.Compute standard deviation from the mean computed in (b) above.

What will be an ideal response?


?

a.5 and 10
b.5 and 3
c.1.732

Business

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