The variance of the population is 100.
variance sample= populationvariance/n*
= 100/2=50
sample standard deviation: sqrt 50 or 7.07
This is widely used, however it is very "flaky" data. A better estimate is to put n-1 in the denominator, but anyone sampling with a sample of size two, is not anticipating very useful information anyway.
How do you figure this out?
For a population that has a standard deviation of 10, what is the standard deviation of the distribution of means for samples of size 2?
A-6.33
B-7.07
C-2
D-3.03
1 answer