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    1) The sample mean of a population is an unbiased estimator with an expected value equal to the true parameter of the population. 2) The probability that the sample mean is within 0.5 of the population mean is approximately 0.49. 3) Using the normal distribution, the sample size needed to estimate the population mean within 0.065 of the true mean with 95% confidence is 63.

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    1) The sample mean of a population is an unbiased estimator with an expected value equal to the true parameter of the population. 2) The probability that the sample mean is within 0.5 of the population mean is approximately 0.49. 3) Using the normal distribution, the sample size needed to estimate the population mean within 0.065 of the true mean with 95% confidence is 63.

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    © All Rights Reserved
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    2 views1 page

    Samsam

    Uploaded by

    j
    1) The sample mean of a population is an unbiased estimator with an expected value equal to the true parameter of the population. 2) The probability that the sample mean is within 0.5 of the population mean is approximately 0.49. 3) Using the normal distribution, the sample size needed to estimate the population mean within 0.065 of the true mean with 95% confidence is 63.

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    © All Rights Reserved
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    of 1

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