Foxbees magazine published data on the best small firms in 2012. These publicly traded firms have a stockprice of at least $5 per share and have reported annual revenue between $5 million and $1 billion. Thedata below shows the ages of the corporate CEOS for a random sample of these firms.50 7374567149554536 3951617254634463645566426974584240485047706274725457626537414655675874586357625140R vectorCopy to clipboarda) What is the mean of the sample?(Round to 4 decimal places)b) What is the standard deviation of the sample mean or the standard error?(Round to 4decimal places)c) What is the sample size?(Round to whole number)

Formula Used: Sample mean X = ∑Xin Sample standard deviation S = ∑Xi-X2n-1 Standard error = Standard…

Foxbees magazine published data on the best small firms in 2012. These publicly traded firms have a stock price of at least $5 per share and have reported annual revenue between $5 million and $1 billion. The data below shows the ages of the corporate CEOS for a random sample of these firms. 50 73 51 61 42| 69 74 56 71 49 55 45 36 39 72 54 63 44 63 64 | 55 66 74 58 42 40 48 50 47 70 62 74 72 54 57 62 65 37 41 46 55 67 58 74 58 63 57 62 | 51 40 R vector Copy to clipboard a) What is the mean of the sample? (Round to 4 decimal places) b) What is the standard deviation of the sample mean or the standard error? (Round to 4 decimal places) c) What is the sample size? (Round to whole number)

Foxbees magazine published data on the best small firms in 2012. These publicly traded firms have a stock price of at least $5 per share and have reported annual revenue between $5 million and $1 billion. The data below shows the ages of the corporate CEOS for a random sample of these firms. 50 73 51 61 42| 69 74 56 71 49 55 45 36 39 72 54 63 44 63 64 | 55 66 74 58 42 40 48 50 47 70 62 74 72 54 57 62 65 37 41 46 55 67 58 74 58 63 57 62 | 51 40 R vector Copy to clipboard a) What is the mean of the sample? (Round to 4 decimal places) b) What is the standard deviation of the sample mean or the standard error? (Round to 4 decimal places) c) What is the sample size? (Round to whole number)

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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