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1) Describe the distribution shape of the population of penny ages (i.e., left skewed, symmetric, right skewed).
2) On your copy of the Penny Population document, randomly select 5 penny ages from this population. Calculate the mean of this Nickel Sample (sample size n = 5). How does this compare to the population mean?
3) On your copy of the Penny Population document, randomly select 10 penny ages from this population. Calculate the mean of this Dime Sample (sample size n = 10). How does this compare to the population mean?
4) On your copy of the Penny Population document, randomly select 25 penny ages from this population. Calculate the mean of this Quarter Sample (sample size n = 25). How does this compare to the population mean?
5) Enter your Nickel Sample mean, Dime Sample mean, and Quarter Sample mean in the Sampling Form sent by your instructor. It will generate a histogram of the class means for each sample (Nickel Samples, Dime Samples, and Quarter Samples).
6) Copy and paste the class histograms as they look so far for others to review in the discussion.
EXCEL file to be used for the MAIN POST for Unit 5 Discussion Board
MM305 Students –
Attached is the EXCEL file to be used for the MAIN POST for Unit 5 Discussion Board.
The attached file is called “PennyPopulation.xls”
You will use the attached EXCEL file to respond to Questions #1 to #4 for the Main Posting.
Then this is the link to use to Respond to Question #5 and #6 for the Main Posting:
https://docs.google.com/forms/d/1YqfhHJvXg7tLbiPTTgpuIEYj2J0FDlVMx3HQ5lgo1aw/edit
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