Suppose there is very small population of four billionaires in Chicago. Further, suppose that the following data represent the number of years of college graduate school each billionaire completed: 1, 4, 4, 10 中 Sample A. First Score Second Score Sample Mean В D E H I. K M N P la. Use excel to recreate this table and model the distribution of sample means for these 4 scores. Take a screenshot of the completed table, both showing the correct values, and another displaying the formulas you used to create it. 16.What is the mean for the distribution of sample means? Take a screenshot of how you calculated this statistic 1c. Knowing what you know about the Central Limit Theorem (CLT), what is the population mean?.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.6: Summarizing Categorical Data
Problem 10CYU
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Suppose there is very small population of four billionaires in Chicago. Further, suppose
that the following data represent the number of years of college graduate school each
billionaire completed:
1, 4, 4, 10
Sample
A
First Score
Sample Mean
Second Score
B
D
E
F
H.
K
M
N
la. Use excel to recreate this table and model the distribution of sample means for these 4
scores. Take a screenshot of the completed table, both showing the correct values, and
another displaying the formulas you used to create it.
16.What is the mean for the distribution of sample means? Take a screenshot of how you
calculated this statistic
1c. Knowing what you know about the Central Limit Theorem (CLT), what is the
population mean?.
Transcribed Image Text:Suppose there is very small population of four billionaires in Chicago. Further, suppose that the following data represent the number of years of college graduate school each billionaire completed: 1, 4, 4, 10 Sample A First Score Sample Mean Second Score B D E F H. K M N la. Use excel to recreate this table and model the distribution of sample means for these 4 scores. Take a screenshot of the completed table, both showing the correct values, and another displaying the formulas you used to create it. 16.What is the mean for the distribution of sample means? Take a screenshot of how you calculated this statistic 1c. Knowing what you know about the Central Limit Theorem (CLT), what is the population mean?.
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