Estimate of the standard error of the sample


A simple random sample of 80 widgets is drawn from a manufacturing lot of 400 widgets. The widgets in the sample are run until they fail. 29 of the widgets in the sample last more than 3,000 hours.

1. The largest the standard error of the sample percentage could be is _____.

2. The bootstrap estimate of the standard error of the sample percentage is _____.

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Basic Statistics: Estimate of the standard error of the sample
Reference No:- TGS0724933

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