Problem 2. Suppose the population has six units: U={1,2,3,4,5,6} and samples of size 3 could be...
Problem 2. Suppose the population has six units: U={1,2,3,4,5,6} and samples of size 3 could be chosen from this population. For purposes of studying sampling distribution, assume that all population values are known y1 92 , y2 = 108, y3 = 154, y4 = 133, y5 = 190, y6 = 175 We are interested in yu, the population mean. One sampling plan is proposed. Sample, S (1,3,5 {1,4,6 {2,3,6 (2,4,5 P(S) Sample Number 1 0.25 2 0.2 3 0.2 0.35 (a) What is the value of yu? (5 pts) (each 1 pt) (b) Let y be the mean of the sample values. For each sampling plan, find (i) E(J); V() (ii) (iii) Bias(y); MSE( (iv)
Problem 2. Suppose the population has six units: U={1,2,3,4,5,6} and samples of size 3 could be chosen from this population. For purposes of studying sampling distribution, assume that all population values are known y1 92 , y2 = 108, y3 = 154, y4 = 133, y5 = 190, y6 = 175 We are interested in yu, the population mean. One sampling plan is proposed. Sample, S (1,3,5 {1,4,6 {2,3,6 (2,4,5 P(S) Sample Number 1 0.25 2 0.2 3 0.2 0.35 (a) What is the value of yu? (5 pts) (each 1 pt) (b) Let y be the mean of the sample values. For each sampling plan, find (i) E(J); V() (ii) (iii) Bias(y); MSE( (iv)