Consider the four sample sizes n 10 20 30 and 50 and in


Carry out a simulation experiment using a statistical computer package or other software to study the sampling distribution of x‾ when the population distribution is lognormal with E[ln(X)] = 3 and V[ln(X)] =

a. Consider the four sample sizes n = 10, 20, 30, and 50, and in each case use 500 replications.

For which of these sample sizes does the x‾ sampling distribution appear to be approximately normal?

Request for Solution File

Ask an Expert for Answer!!
Applied Statistics: Consider the four sample sizes n 10 20 30 and 50 and in
Reference No:- TGS01606096

Expected delivery within 24 Hours