Math Problem Statement
Solution
The question in the image is:
Problem 2:
"Samples of size 25 are taken from a population of 600 values. The population has a mean of 100 and a variance equal to 812.25. Obtain the expected value and standard error of the sampling distribution of means if sampling is done without replacement."
Solution:
- Expected Value of the Sampling Distribution:
The expected value (mean) of the sampling distribution of sample means is the same as the population mean, regardless of whether the sampling is with or without replacement.
- Population Mean (μ) = 100
Thus, the expected value (mean) of the sample means is:
- Standard Error of the Sampling Distribution:
The standard error of the sample mean for sampling without replacement is given by the formula:
Where:
- = Population variance = 812.25
- = Sample size = 25
- = Population size = 600
- is the finite population correction factor.
Let’s calculate the standard error:
First, calculate the variance divided by the sample size:
Next, compute the finite population correction factor:
Now calculate the standard error:
Final Answers:
- Expected value of the sampling distribution:
- Standard error of the sampling distribution:
Would you like more details on any of the steps, or do you have any other questions? Here are some related questions for further practice:
- How does the standard error change when the sample size increases?
- What is the impact of the finite population correction on the standard error?
- What is the formula for the standard error when sampling with replacement?
- Why does the expected value of the sample means remain the same as the population mean?
- How would the calculation change if the population size was infinite?
Tip: When the sample size is small compared to the population (typically ), the finite population correction factor can be ignored.
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Math Problem Analysis
Mathematical Concepts
Sampling Distribution
Expected Value
Standard Error
Finite Population Correction
Formulas
Expected value of the sample means: μ_𝑥̄ = μ = 100
Standard error for sampling without replacement: SE_𝑥̄ = √(σ²/n * (N - n)/(N - 1))
Theorems
Central Limit Theorem
Suitable Grade Level
College/University
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