Suppose you are looking at the population of 8,000 students thatare freshman at UTEP. You want to determine on average how manyhours a week they work each week. Let’s call that number ?. Youdecide to take a sample of 100 of them.
1) How many data points are there in this space?
2) How many ways can you choose your subest of 100 students? Isit greater or less than the answer above.
3) How do you calculate the “point estimate†of one of thosesubsets of 100 students?
4) How many actual subsets of 100 students do you have as aresearcher?
5) What does the Central Limit Theorem say about all thepossible point estimates that can occur from the possible100-student subsets? Draw a graph.
6) What value is the center of that curve? Please label it onthe graph above.
