Question

The monthly income (in Rs. Lakhs) of five employees in a company are as follows:
25, 20, 30, 15, 10. (i) List all possible samples (without replacement) of size 2 (ii)
Compute the mean of all samples and set up the sampling distribution of sample
mean.

07 Mar 2018
Answer :
Word Count : 282

(i) To list all possible samples of size 2 without replacement from the given monthly income data of five employees, you can consider all the combinations of two employees. There are ten such combinations:

1. {25, 20}
2. {25, 30}
3. {25, 15}
4. {25, 10}
5. {20, 30}
6. {20, 15}
7. {20, 10}
8. {30, 15}
9. {30, 10}
10. {15, 10}

These are all the possible samples of size 2 that can be drawn from the dataset.

(ii) To compute the mean of all

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