A random sample of 100 values of a variable X is taken. These values are summarised below. n = 100 Σχ = 1556 Σχ² = 29004 Calculate unbiased estimates of the population mean and variance of X.
- Calculate unbiased estimates of the population mean and variance of X.[3]
Mark scheme
Marking points from the official mark scheme (May/June 2020). The mark or mark type is shown in brackets.
- [B1] Est μ = 15.56
- [M1] Est σ² = (100/99)(29004/100 – 15.56²) or (1/99)(29004 – 1556²/100)
- [A1] 48.4105 = 48.4 (3 sf)
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