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Prob Set-up: Sampling Methods and the Central Limit Theorem

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The area of study is Sampling Methods and the Central Limit Theorem

Consider all of the coins (pennies, nickels, quarters, etc.) in your pocket or purse as a population.Make a frequency table beginning with the current year and counting backward torecord the ages (in years) of the coins. For example, if the current year is 2004, then a coinwith 2002 stamped on it is 2 years old.

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see attachment pls. I have 47 coins at hand and record their age. You can see excel file and word document

The area of study is Sampling Methods and the Central Limit Theorem

Consider all of the coins (pennies, nickels, quarters, etc.) in your pocket or purse as a population.Make a frequency table beginning with the current year and counting backward torecord the ages (in years) of the coins. For example, if the current year is 2004, then a coinwith 2002 stamped on it is 2 years old.

Now I have the following table showing coins with year stamped on it

Type of coins year stamped year-old

Two-dollar 1: 1996 9
Two-dollar 2: 1996 9
One-dollar 1: 1989 16
One-dollar 2: 1989 16
One-dollar 3: 1987 18
One-dollar 4: 1993 ...

Solution Summary

The area of study is Sampling Methods and the Central Limit Theorem

Consider all of the coins (pennies, nickels, quarters, etc.) in your pocket or purse as a population.Make a frequency table beginning with the current year and counting backward torecord the ages (in years) of the coins. For example, if the current year is 2004, then a coinwith 2002 stamped on it is 2 years old.

$2.19