Exhibit 21-1
A simple random sample of size 64 is taken from a population of size 800. The sample mean is determined to be 2,550 with a standard deviation of 500.
-Refer to Exhibit 21-1. An estimate of the standard error of the mean (for the total) is
A)62,500.50
B)47,958.32
C)7.8125
D)50,000.00

Question

Quizplus · Accepted Answer

The Answer of Exhibit 21-1
A simple random sample of size 64 is taken from a population of size 800. The sample mean is determined to be 2,550 with a standard deviation of 500.
-Refer to Exhibit 21-1. An estimate of the standard error of the mean (for the total) is
A)62,500.50
B)47,958.32
C)7.8125
D)50,000.00

Exhibit 21-1 a Simple Random Sample of Size 64 Is Taken from Taken