(I) The data in the table represents the wealth, in billions of dollars, of 6 people.
Calculate the mean wealth
(II) For sample of size 5, construct a table of all possible samples and their sample means.
(b) For a random sample of size 5, what is the chance that the sample mean will equal the population mean? The probability is
(c) For a random sample of size 5, determine the probability that the mean wealth of the 5 people obtain will be within 1($1 billion) of the population mean.
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