Question
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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.)

Ask by Reese Carrillo. in the United States
Nov 10,2024

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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:
  1. The mean of the distribution of sample means ( ) is equal to the population mean ( ):
  2. The standard deviation of the distribution of sample means ( ), also known as the standard error, is calculated using the formula:
    where is 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 .

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