What is the variance of a random sample of size 5 that is taken with replacement from a population with mean = 15 and variance = 10?
Question
Solution 1
The variance of a random sample taken with replacement from a population is equal to the population variance. This is because sampling with replacement means each sample is independent of the others. Therefore, the variance of a random sample of size 5 taken with replacement from a population with a Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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