Using R Studio/R programming... Usually, we will use a random sample to estimate the statistics of the...

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Statistics

Using R Studio/R programming...
Usually, we will use a random sample to estimate the statisticsof the underlying population. If we assume a given population is astandard normal distribution and we want to estimate its mean,which is the better technique to estimate that mean from a sample:
Use the mean of one random sample of size 500
Use the mean of 300 random samples of size 10
Run your own experiment and use yourresults as a supporting argument for your response.
How might I run A and B?What is the format? I don't particularly need the answer, I candetermine that on my own. I just need help with the \"set up\".Thanks!

Answer & Explanation Solved by verified expert

3.6 Ratings (378 Votes)

Let us assume that we have access to a population which isnormally distributedSo we create a population with large number of entries say100000 so that drawing a sample of 500 from it without replacementwill not become a finite population See Answer

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