A survey of 25 randomly selected customers found the ages shown (in years). The mean is 32.92 years and the standard deviation is 10.19 years. a) What is the standard error of the mean? b) How would the standard error change if the sample size had been 400 instead of 25? (Assume that the sample standard deviation didn't change.) 22 21 35 23 330 35 26 44 44 14 48 25 27 12 43 48 38 46 36 35 38 38 32 23 37 a) The standard error of the mean is. (Round to two decimal places as needed.) b) How would the standard error change if the sample size was 400 instead of 25 with the same sample standard deviation? Select the correct choice below and fill in any answer boxes within your choice. O A. The standard error would increase. The new standard error would be times the old. O B. The standard error would decrease. The new standard error would be the old standard error divided by OC. The standard error would not change.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
A survey of 25 randomly selected customers found the ages shown (in years). The mean is 32.92 years and the standard deviation is 10.19 years.
a) What is the standard error of the mean?
b) How would the standard error change if the sample size had been 400 instead of 25? (Assume that the sample standard deviation didn't change.)
22 21 35 23 33
35 26 44 44 14
48 25 27 12 43
48 38 46 36 35
38 38 32 23 37
...
a) The standard error of the mean is
(Round to two decimal places as needed.)
b) How would the standard error change if the sample size was 400 instead of 25 with the same sample standard deviation? Select the correct choice below and fill in any answer boxes within your choice.
O A. The standard error would increase. The new standard error would be
times the old.
B. The standard error would decrease. The new standard error would be the old standard error divided by
O C. The standard error would not change.
Transcribed Image Text:A survey of 25 randomly selected customers found the ages shown (in years). The mean is 32.92 years and the standard deviation is 10.19 years. a) What is the standard error of the mean? b) How would the standard error change if the sample size had been 400 instead of 25? (Assume that the sample standard deviation didn't change.) 22 21 35 23 33 35 26 44 44 14 48 25 27 12 43 48 38 46 36 35 38 38 32 23 37 ... a) The standard error of the mean is (Round to two decimal places as needed.) b) How would the standard error change if the sample size was 400 instead of 25 with the same sample standard deviation? Select the correct choice below and fill in any answer boxes within your choice. O A. The standard error would increase. The new standard error would be times the old. B. The standard error would decrease. The new standard error would be the old standard error divided by O C. The standard error would not change.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Similar questions
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman