Compute the population mean

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Reference no: EM131151106

The following data are the 16 values in a population:

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.

Reference no: EM131151106

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