Discuss the below:
A. Generate a random frequency distribution of per capita personal income
B. From the frequency distribution, select two small samples (sample size of 4) and two large samples (sample size of 40), and compare the means and the standard deviations.
C. Construct histograms using a very small sampling distribution of sample means (sample size of 3) and a larger sampling distribution of sample means (sample size of 30).
As you touch the F9 key to give different charts, what do you notice between the charts of small sampling distributions and of larger sampling distributions?
| Alabama |
$27,795 |
| Alaska |
$ 34,454.00 |
| Arizona |
$ 28,842.00 |
| Arkansas |
$ 25,725.00 |
| California |
$ 35,019.00 |
| Colorado |
$ 36,063.00 |
| Connecticut |
$ 45,398.00 |
| Delaware |
$ 35,861.00 |
| Florida |
$ 31,455.00 |
| Georgia |
$ 30,051.00 |
| Hawaii |
$ 32,160.00 |
| Idaho |
$ 27,098.00 |
| Illinois |
$ 34,351.00 |
| Indiana |
$ 30,094.00 |
| Iowa |
$ 30,560.00 |
| Kansas |
$ 30,811.00 |
| Kentucky |
$ 27,709.00 |
| Louisiana |
$ 27,581.00 |
| Maine |
$ 30,566.00 |
| Maryland |
$ 39,247.00 |
| Massachusetts |
$ 41,801.00 |
| Michigan |
$ 31,954.00 |
| Minnesota |
$ 35,861.00 |
| Mississippi |
$ 24,650.00 |
| Missouri |
$ 30,608.00 |
| Montana |
$ 26,857.00 |
| Nebraska |
$ 31,339.00 |
| Nevada |
$ 33,405.00 |
| New Hampshire |
$ 37,040.00 |
| New Jersey |
$ 41,332.00 |
| New Mexico |
$ 26,191.00 |
| New York |
$ 38,228.00 |
| North Carolina |
$ 29,246.00 |
| North Dakota |
$ 31,398.00 |
| Ohio |
$ 31,322.00 |
| Oklahoma |
$ 28,089.00 |
| Oregon |
$ 29,971.00 |
| Pennsylvania |
$ 33,348.00 |
| Rhode Island |
$ 33,733.00 |
| South Carolina |
$ 27,172.00 |
| South Dakota |
$ 30,856.00 |
| Tennessee |
$ 30,005.00 |
| Texas |
$ 30,222.00 |
| Utah |
$ 26,606.00 |
| Vermont |
$ 32,770.00 |
| Virginia |
$ 35,477.00 |
| Washington |
$ 35,299.00 |
| West Virginia |
$ 25,872.00 |
| Wisconsin |
$ 32,157.00 |
| Wyoming |
$ 34,306.00 |