In: Statistics and Probability
Assuming a random variable X is distributed with a mean of the
second digit of your...
Assuming a random variable X is distributed with a mean of the
second digit of your student number, a variance of the last digit
of your student number divided by 10 ( if the last digit is zero,
use 9).
- If you take 64 independent samples from X, what is the
probability that the sample means is greater than 5?
- The sample mean that you get from the previous sample is 3.5;
please construct a 95% confidence interval based on the previous
assumption.
- Interpret the confidence interval that you constructed.
- Based on your sample results that the sample mean is 3.5,
assuming you do not know the true populations mean, test the
hypothesis that the population mean of X equals to the third digit
of your student number. Do you reject or nor reject your
hypothesis?
- Do you think you might have made mistake in your conclusion in
step D? Why?
- If you increase your sample size to 100, would the conclusion
in step D change? Why and why not?