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Below you are given the values obtained from a random sample of 4 observations taken from an ...

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Below you are given the values obtained from a random sample of 4 observations taken from an ...

Below you are given the values obtained from a random sample of 4 observations taken from an infinite population.

a.	Find a point estimate for μ. Is this an unbiased estimate of μ? Explain.
b.	Find a point estimate for σ². Is this an unbiased estimate of σ²? Explain.
c.	Find a point estimate for σ.
d.	What can be said about the sampling distribution of ? Be sure to discuss the expected value, the standard deviation, and the shape of the sampling distribution of .

Textbook

Essentials of Statistics for Business and Economics

Edition: 7^th

Authors: Anderson, Sweeney, Williams, Camm, Cochran

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CLopez678 Author

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This helped my grade so much Perfect

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Brilliant ツ

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