Asked by

Damon Terry II
on Oct 29, 2024

verifed

Verified

Find the standard error of the mean when the population standard deviation is 0.7 and a sample of size 50 is taken.

A) 0.099
B) 0.014
C) 0.028
D) 7.14

Standard Error

The standard deviation of the sampling distribution of a statistic, often used to estimate the precision of a sample mean.

Population Standard Deviation

A measure of the dispersion of a set of data values from their mean, calculated for the entire population.

Sample Size

The number of observations or items selected from a population to constitute a sample for the purpose of statistical analysis.

  • Compute the standard error of the mean and comprehend its importance in the context of sampling.
verifed

Verified Answer

LT
Lucas TvrdikOct 31, 2024
Final Answer:
Get Full Answer