Q1 - 2.2 2.1 2.0 1.9 1.8 Median Mean 2.04 2.02 2.00 1.98...

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Problem 1. The purpose of this exercise is to understand the sampling distribution of sample mean. We will create 100 samples (100 rows). In each sample (row), we will simulate 25 random outcomes (25 columns), and store the sample mean for each row in C26. By looking at the distribution of C26, can you justify stuff you learn in the class? Step 1. Calc>>random data>>uniform>> Step 2. Calc>>row statistics>>
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Step 3. Stat>>graphical summary>> summarize the variable C26 2.3
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Unformatted text preview: 2.2 2.1 2.0 1.9 1.8 Median Mean 2.04 2.02 2.00 1.98 1.96 Anderson-Darling Normality Test V ariance 0.0116 Skewness 0.241600 Kurtosis-0.322733 N 100 Minimum 1.7848 A-Squared 1st Q uartile 1.9138 Median 2.0026 3rd Q uartile 2.0666 Maximum 2.2911 95% Confidence Interval for Mean 1.9771 0.31 2.0199 95% Confidence Interval for Median 1.9645 2.0342 95% Confidence Interval for StDev 0.0945 0.1251 P-V alue 0.545 Mean 1.9985 StDev 0.1077 95% Confidence Intervals Summary for C26...
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This note was uploaded on 11/05/2011 for the course ECON UA.18.1-01 taught by Professor Romanfrydman during the Fall '11 term at NYU.

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Q1 - 2.2 2.1 2.0 1.9 1.8 Median Mean 2.04 2.02 2.00 1.98...

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