Find the value of the standard error of the mean


Suppose a simple random sample of size 40 is selected from a population with = 12. Find the value of the standard error of the mean in each of the following cases (use the finite population correction factor if appropriate).

a. The population size is infinite (to 2 decimals).

b. The population size is N = 50,000 (to 2 decimals).

c. The population size is N = 5000 (to 2 decimals).

d. The population size is N = 500 (to 2 decimals).

Request for Solution File

Ask an Expert for Answer!!
Basic Statistics: Find the value of the standard error of the mean
Reference No:- TGS0728405

Expected delivery within 24 Hours