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Many different manufacturers sell residential gas ranges. The cost in dollars of four gas ranges is...

Many different manufacturers sell residential gas ranges. The cost in dollars of four gas ranges is given below.

529 664 709 800

1. suppose a random sample of size two is selected from this population without replacement. Find the sampling distribution of the sample mean.
2. Suppose a random sample of size is selected from this population with replacement. Find the sampling distribution of the sample mean
3. How are these two distributions similar? How are they different?

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ANSWER:

Given that


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