Consider the Population Described by the Probability Distribution Below $\begin{array}{c|c|c|c}x & 3 & 5 & 7 \\\hline p(x) & .1 & .7 & .2\end{array}$

question 46

Essay

Consider the population described by the probability distribution below. $\begin{array}{c|c|c|c}x & 3 & 5 & 7 \\\hline p(x) & .1 & .7 & .2\end{array}$

a. Find $\mu$ .
b. Find the sampling distribution of the sample mean $\bar { x }$ for a random sample of $n = 2$ measurements from the distribution.
c. Show that $\bar { x }$ is an unbiased estimator of $\mu$ .

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Definitions:

Exchange Rate

The worth of one currency when converted into another, establishing the amount one currency is valued in comparison to another.

Percentage

A proportion or share in relation to a whole, represented as a fraction of 100.

Strengthens

Becomes stronger or more forcefully effective.

C$

Currency symbol for the Canadian dollar, the official currency of Canada.