Expected value and variance of the sample mean


Compute the mean and variance of the following weights for the population of ferrets on the high plains of wyoming

5,3,1,4,2,

a) if a sample with replacement of two ferrets is taken, list the sample space and compute the expected value and variance of the sample mean.

b) discuss the relationship between the parameters of the population and the expected values in the same space.

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Basic Statistics: Expected value and variance of the sample mean
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