Homework 7 Answers
BSTA 550
Questions
Not given.
- \(E\left(\overline{X}\right) = \mu\)
- \(\text{Var}\left(\overline{X}\right) = \dfrac{\sigma^2}{n}\)
See notes for how I start this problem!
\(E(V) = 87850 \text{ ft}^3\), \(\text{Var}(V) = 19100116 \ (\text{ft}^3)^2\)
Expected value correct, variance incorrect