Suppose that a random variable X is exponentially distributed with a mean of 13.3. Find the standard deviation of the distribution of the sample mean of a random sample of size 22.
Solution:
X follows exponential distribution with
mean = 13.3
So ,
variance
2 = (13.3)2 = 176.89
Suppose , sample size n = 22
The standard deviation of the distribution of the sample means
=
=
=
= 2.8356
Suppose that a random variable X is exponentially distributed with a mean of 13.3. Find the...