Asked by Robyn Brown on Jul 27, 2024
Verified
In order to estimate the average time spent per student on the computer terminals at a local university, data were collected for a sample of 64 business students over a one-week period.Assume the population standard deviation is 1.6 hours.The standard error of the mean is
A) 1.6.
B) .025.
C) 2.00.
D) .20.
Standard error
A measure of the statistical accuracy of an estimate, indicating the variability of sample means around the population mean.
- Apply correct formulas for the standard error of the mean and the margin of error in various scenarios.
Verified Answer
CG
Christian GomezJul 28, 2024
Final Answer :
D
Explanation :
The standard error of the mean is calculated using the formula σxˉ=σn\sigma_{\bar{x}} = \frac{\sigma}{\sqrt{n}}σxˉ=nσ , where σ\sigmaσ is the population standard deviation and nnn is the sample size. Here, σ=1.6\sigma = 1.6σ=1.6 hours and n=64n = 64n=64 , so σxˉ=1.664=1.68=0.2\sigma_{\bar{x}} = \frac{1.6}{\sqrt{64}} = \frac{1.6}{8} = 0.2σxˉ=641.6=81.6=0.2 hours.
Learning Objectives
- Apply correct formulas for the standard error of the mean and the margin of error in various scenarios.
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