Question: The following data are the 16 values in a population:
10 5 19 20 10 8 10 2
14 18 7 8 14 2 3 10
a. Compute the population mean.
b. Suppose a simple random sample of 5 values from the population is selected with the following results:
5 10 20 2 3
Compute the mean of this sample.
c. Based on the results for parts a and b, compute the sampling error for the sample mean.