Question

In: Statistics and Probability

Consider the set of five numbers {0, 2, 4, 6, 8}. 1) Make a list of...

Consider the set of five numbers {0, 2, 4, 6, 8}.

1) Make a list of all possible samples of size 2 that can be drawn from this set of integers. (Sample without replacements, that is, once a number is selected, you don’t put it back in the sample set.)

2) Make a list of all possible sample means for samples of size 2 selected from this set.

3) List the distribution of the sample means and construct a histogram of this distribution.

Solutions

Expert Solution

Answer 1 :

List of all possible samples of size 2 -

  • (0 , 2)
  • (0 , 4)
  • (0 , 6)
  • (0 , 8)
  • (2 , 4)
  • (2 , 6)
  • (2 , 8)
  • (4 , 6)
  • (4 , 8)
  • (6 , 8)

The samples are drawn using WITHOUT REPLACEMENT procedure . There are a total of 10(= 5C2) different samples of size 2

Answer 2 :

The following table shows the Sample and its mean -

Sample

Mean

(0 , 2)

1

(0 , 4)

2

(0 , 6)

3

(0 , 8)

4

(2 , 4)

3

(2 , 6)

4

(2 , 8)

5

(4 , 6)

5

(4 , 8)

6

(6 , 8)

7

List of all possible sample means {1 , 2 , 3 , 4 , 5 , 6 , 7}

Answer 3 :

The following table shows the calculations -

Mean value (xi)

Probability , P(xi)

xi P(xi)

xi2 P(xi)

1

1/10 = 0.1

0.1

0.1

2

1/10 = 0.1

0.2

0.4

3

2/10 = 0.2

0.6

1.8

4

2/10 = 0.2

0.8

3.2

5

2/10 = 0.2

1.0

5.0

6

1/10 = 0.1

0.6

3.6

7

1/10 = 0.1

0.7

4.9

Total

1.0

4.0

19

Mean , Expectation of x , E(x) = xi P(xi) = 4.0

E(x2) = xi2 P(xi) = 19

Variance of x , Var. (x) = E(x2) - (E(x))2 = 19 - 16 = 3

Standard deviation , S.D. (x) = (Var. (x))1/2 = 1.732

So , the distribution of sample means have mean = 4 and standard deviation = 1.732

The following shows the Histogram -

(where the Horizontal Axis represents the Mean values and the Vertical Axis represents the Probabilities )


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