You need to know μ” the mean of a distribution you're studying. Maybe it's the mean of a population, maybe it's the mean of some random variable. Because it's impossible to actually compute the value of p” you obtain a simple random sample from which you compute a sample mean of 2.37. Here's the situation …(a) If it's a population you're studying, what kind of population is it?(b) What information would be required to actually compute μ,?(c) What assumption are you making if you say μ, = 2.37?(d) What assumption are you making if you say μ ≈ 2.37?(e) Which of the assumptions in parts (c) and (d) is valid?(f) At what point will you know whether your sample is typical of theentire distribution you're sampling from?(g) How do you make use of the information that = 2.3 7 to answerthe question about μ,?
You need to know μ ” the mean of a distribution you’re studying. Maybe it’s the mean of a…
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