The distribution of sample means calculated using samples of size 16 has a mean of 100 and a standard error of 2.25. What is the variance of the original distribution?
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Answer:
Variance of the sample means is given by
=> x2 = 2/N
=> 2 = x2 * N
==> Population variance = Standard devation^2/N
Std dev = std. error*sqrt(n)
= 2.25*16 = 36
=> Population variance = 36^2*16
= 20736
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