Explain data points considered typical from population

Reference no: EM13119628

Suppose the population is the future income of the business students at Murray State. After graduating from MSU it is not unreasonable that =200,000 and =40,000.

a) Make up three data points that would be considered typical from this population(typical is within one SD of the mean).

b) Make up three data points that would be considered unusual from this population(unusual is more than three SD's from ).

c) For n=25 make up three values of that would be considered typical for a sample from this population

d) For n=25 make up three values of that would be considered unusual for a sample from this population.

Reference no: EM13119628

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