the assets (in billions of dollars) of the four wealthiest people in a particular country are 39, 32, 11, 10. assume that samples of size n = 2 are randomly selected with replacement from this population of four values
What is your question?
To answer this question, we need to determine all possible samples of size 2 that can be selected from the given population.
Since samples are selected with replacement, this means that after each selection, the selected value is put back into the population.
Let's consider the given population of assets: 39, 32, 11, and 10.
To find all possible samples of size 2, we can systematically go through all combinations. Here are all the possible samples:
Sample 1: (39, 39)
Sample 2: (39, 32)
Sample 3: (39, 11)
Sample 4: (39, 10)
Sample 5: (32, 39)
Sample 6: (32, 32)
Sample 7: (32, 11)
Sample 8: (32, 10)
Sample 9: (11, 39)
Sample 10: (11, 32)
Sample 11: (11, 11)
Sample 12: (11, 10)
Sample 13: (10, 39)
Sample 14: (10, 32)
Sample 15: (10, 11)
Sample 16: (10, 10)
There are a total of 16 possible samples of size 2 that can be selected from the given population.