Question

The following are population and sampling distributions of wages of seven employees respectively.
Population Distribution
Y(Wages) 7 8 9
P(Y) 0.43 0.43 0.14

Sampling Distribution of sample mean

Ȳ $7.00 $7.50 $8.00 $8.50
P(Ȳ) 0.14 0.43 0.29 0.14

a) Compare the means of both distributions and comment.
b) Compare the spreads of both distributions numerically.
c) Comment on the shapes of both distributions

Answer 1

Answer:

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