A simple random sample of 30 items resulted in a sample mean of 15. The population standard deviation is o-5. Round your answers to two decimal places. a. What is the standard error of the mean, oy? b. At 95% confidence, what is the margin of error?

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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A simple random sample of 30 items resulted in a sample mean of 15. The population standard deviation is o-5. Round your answers to two decimal
places.
a. What is the standard error of the mean, oy?
b. At 95% confidence, what is the margin of error?
Transcribed Image Text:A simple random sample of 30 items resulted in a sample mean of 15. The population standard deviation is o-5. Round your answers to two decimal places. a. What is the standard error of the mean, oy? b. At 95% confidence, what is the margin of error?
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