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Consider a population consisting of the following five values, which represent the number of DVD rentals during the academic
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Answer #1

a) (8+14+16+10+11) / 5 = 11.8

b) Let random sample of size 2 = 16,10

Mean = (16+10)/2 = 13

c) 25 samples:

Sample Mean
8,8 8
8,14 11
8,16 12
8,10 9
8,11 9.5
14,8 11
14,14 14
14,16 15
14,10 12
14,11 12.5
16,8 12
16,16 16
16,10 13
16,11 13.5
10,8 9
10,14 12
16,14 15
10,16 13
10,10 10
10,11 10.5
11,8 9.5
11,14 12.5
11,16 13.5
11,10 10.5
11,11 11

e)

Population mean = 11.8

And the mean of 25 samples in c) are mostly near 11.8.

So Most of the (Xbar) values are near population mean.

X bar values differ a lot from sample to sample.

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