For a population of 1000 items, μ = 50 and o= 10. What is the mean and standard error of the theoretical sampling distribution of the mean for sample sizes of (a) 25 and (b) 81? Ans. (a) x = 50 units and ox= 2 (b) x = 50 units and ox = 1.07

For a population of 1000 items, μ = 50 and o= 10. What is the mean and standard error of the theoretical sampling distribution of the mean for sample sizes of (a) 25 and (b) 81? Ans. (a) x = 50 units and ox= 2 (b) x = 50 units and ox = 1.07

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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