Accountancy, asked by amandeepkaur7527, 3 months ago

A sample of 100unit is found to have 5 Ibs as mean.could it be regarded as a simple random sample froma large population whose mean is 5.64 Ibs and standard deviation 1.5 Ibs.​

Answers

Answered by adityanarayan8b
0

Answer:

Do it yourself

Explanation:

OK u understand

Answered by ravilaccs
0

Answer:

The deviation is highly significant, therefore the given sample can not be regarded as a simple sample from a large population with a mean =5.6 and s.d. = 1.5.

Explanation:

Method 1:

The standard normal statistics

z = (x’ - μ)/(σ/√n) = (x’ - μ)/(σ/10)

= {(x’ - μ)×10}/σ = {(5 - 5.6)x10}/1.5 ==>

|z| = 4 > 3 . Hence the deviation is highly significant, therefore the given sample can not be regarded as a simple sample from a large population with a mean =5.6 and s.d. = 1.5.

Method 2:

The sample size is 100 should allow us to invoke the central limit theorem and consider the population of sample means to be normal. Since we don’t have a standard deviation of the population, we can use the t-test statistic in a test of mean, using the sample size of 100, the difference between the sample mean (5) and an assumed population mean (5.6), and the sample standard deviation (1.5).

Then use a claim that the population means is equal to 5.6.

The test statistic is -4 and the p-value is 0.0001.

Using a significant value as small as 0.001, we would still reject the assumption of 5.6 as the mean. There is sufficient sample evidence to reject the claim of 5.6

Method 3:

It is a normal sample of n=100 with those parameters

Using R:

library(tigerstats)

qnormGC(0.99,region="between",mean=5.6,sd=1.5,graph=TRUE) #### 99% of the data are between the values:

[1] 1.736256 9.463744

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