Question
A population has parameters
and
. You intend to draw a random sample of size
What is the mean of the distribution of sample means?
What is the standard deviation of the distribution of sample means?
(Report answer accurate to 2 decimal places.)
What is the mean of the distribution of sample means?
What is the standard deviation of the distribution of sample means?
(Report answer accurate to 2 decimal places.)
Ask by Reese Carrillo. in the United States
Nov 10,2024
Upstudy AI Solution
Tutor-Verified Answer
Answer
Solution
To find the mean and standard deviation of the distribution of sample means (also known as the sampling distribution of the sample mean), we can use the following formulas:
-
The mean of the distribution of sample means (
) is equal to the population mean ( ): -
The standard deviation of the distribution of sample means (
), also known as the standard error, is calculated using the formula: whereis the population standard deviation and is the sample size.
Given:
Now, we can calculate
:
Thus, the answers are:
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Bonus Knowledge
The mean of the distribution of sample means, often denoted as
, is equal to the population mean
. Therefore,
.
To calculate the standard deviation of the distribution of sample means
, you can use the formula
. Plugging in the values, we get:
So, the standard deviation of the distribution of sample means is
.