Cameron is the quality inspector for the Mason Pot Company, an artesian cooperative crafting bowls. In the smaller series, the mean diameter is 3 inches with a standard deviation of 0.3 inch. First, find the expected value. Then answer: what is the standard error of the sample mean derived from a random sample of 24 bowls?
A) 0.061
B) 0.6
C) 0.002
D) 0.24

Question

Quizplus · Accepted Answer

The standard error of the sample mean is calculated as the standard deviation divided by the square root of the sample size (n). Here, it is 0.3 / sqrt(24) = 0.061.

Cameron Is the Quality Inspector for the Mason Pot Company