(a) The sample mean for:
Sample 1 is 3.4, Sample 2 is 3.4, Sample 3 is 3.6, and Sample 4 is 3.8.
(b) The range of the sample means is 0.4.
(c) The true statement from the given statements are:
- The mean of the sample means will tend to be a worse estimate than a single sample mean, and
- The closer the range of the sample means is to 0, the more confident they can be in their estimate.
The sample mean, [tex]\bar{x}[/tex], is calculated using the formula, [tex]\bar{x} = \frac{\sum x}{N}[/tex], where N is the sample size.
The range of a data is the difference between the greatest data point and the smallest data point.
(a) Thus, the sample mean for:-
Sample 1:
= (3 + 2 + 6 + 4 + 2)/5 = 17/5 = 3.4.
Sample 2:
= (2 + 2 + 3 + 7 + 3)/5 = 17/5 = 3.4.
Sample 3:
= (6 + 4 + 2 + 2 + 4)/5 = 18/5 = 3.6.
Sample 4:
= (5 + 3 + 2 + 5 + 4)/5 = 19/5 = 3.8.
(b) The range of the sample means is 3.8 - 3.4 = 0.4.
(c) The true statement from the given statements are:
- The mean of the sample means will tend to be a worse estimate than a single sample mean, and
- The closer the range of the sample means is to 0, the more confident they can be in their estimate.
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