4.1. Two chips are drawn without replacement from an urn containing five chips, numbered 1 through 5


Question: 4.1. Two chips are drawn without replacement from an urn containing five chips, numbered 1 through 5. The average of the two drawn is to be used as an estimator, θ~\tilde{\theta }, for the true average of all the chips ( θ\theta = 3). Calculate Pr(θ^3>1)\Pr \left( |\hat{\theta }-3|>1 \right)

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