solution

Take a small SRS of something you’re interested in. Explain what it is you decide to study and carefully describe how you chose your SRS (give the random numbers generated and explain how you translated them into observations), report your data, and give a point estimate and the SE for the quantity or quantities of interest.

The data collection for this exercise should not take a great deal of effort, as you are surrounded by things waiting to be sampled. Some examples: mutual fund data in the financial section of today’s newspaper, actual weights of 1-pound bags of carrots at the supermarket, or the cost of a used dining room table from an online classified advertisement site.

 
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