A DIDACTICAL EXPERIMENT TO ESTIMATE THE POPULATION MEAN USING A RANDOM SAMPLE FROM AN ACTUAL POPULATION
In this paper, a didactical experiment is proposed, which uses an actual population to simplify the understanding of the rationale and the reasonableness underlying the use of a random sample from this population to estimate the population mean and to estimate the maximum possible error incurred by that estimate. In each of the four steps of the proposed experiment the reader is encouraged to verify calculations and elements involved in this experiment.
Central Limit Theorem, experiment, mean estimation.