STAT 201:23 Assignment 3 on 5.1, 5.2, 5.3 and 5.4 The following questions are to be answered and handed in (on paper) by the end of class on Wednesday, March 9. 1. (5.3 page 272) Consider the population distribution shown below. x 1 2 3 4 5 p(x) 0.2 0.3 0.2 0.2 0.1 The random variable x is observed twice. If these observations are independent, verify that the different samples of size 2 and their probabilities are as shown in the next column (you donβt need to do this, just use the table). Not e that solutions are in the back of the book, so you must show work. (a) (b) (c) (d) Find the sampling distribution of the sample mean π₯Μ . Construct a probability histogram for the sampling distribution of π₯Μ . What is the probability that π₯Μ is 4.5 or larger? Would you expect to observe a value of π₯Μ equal to 4.5 or larger? Explain. 2. (5.4, page 272 ) Refer to the previous question and find πΈ(π₯) = π. Then use the sampling distribution of π₯Μ found in the previous question to find the expected value of π₯Μ . Note that πΈ(π₯Μ ) = π. 3. (5.12, page 276) Refer to the first question (5.3). (a) Show that π₯Μ is an unbiased estimator of π. (b) Find ππ₯Μ 2 . (c) Find the probability that π₯Μ will fall within 2ππ₯Μ of π. 4. (5.13, page 276) Refer to the first question (5.3). Solutions are in the back of the book so you must show work to explain the answers. a) Find the sampling distribution of π 2 . b) Find the population variance π 2 . c) Show that π 2 is an unbiased estimator of π 2 . d) Find the sampling distribution of the sample standard deviation s. e) Show that s is a biased estimator of π. 5. (5.16, page 283) Suppose a random sample of π = 25 measurements is selected from a population with mean π and standard deviation π. For each of the following values of π and π, give the values of ππ₯Μ and ππ₯Μ . a) π = 10, π = 3 b) π = 100, π = 25 c) π = 20, π = 40 d) π = 10, π = 100 6. (5.24, page 284) Salary of a travel management professional. According to a National Business Travel Association (NBTA) 2010 survey, the average salary of a travel management professional is $96, 850. Assume that the standard deviation of such salaries is $30,000. Consider a random sample of 50 travel management professionals and let π₯Μ represent the mean salary for the sample. a) What is ππ₯Μ ? b) What is ππ₯Μ ? c) Describe the shape of the sampling distribution of π₯Μ . d) Find the z-score for the value π₯Μ = 89,500. e) Find π(π₯Μ > 89,500). 7. (5.44, page 289) Working on summer vacation. According to a poll of US adults, about 45% work during their summer vacation. Assume that the true proportion of all US adults that work during summer vacation is π = 0.45. Now consider a random sample of 500 US adults. a) What is the probability that between 40% and 50% of the sampled adults work during summer vacation? b) What is the probability that over 60% of the sampled adults work during summer vacation? Good practice questions from the book (not to be handed in, answers in back of book): 5.9, 5.17, 5.21, 5.23, 5.37, 5.39, 5.43
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