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Suppose your marketing colleague used a known population mean and standard deviation to compute the standard error as 45
Posted: Mon Jul 11, 2022 11:40 am
by answerhappygod
- Suppose Your Marketing Colleague Used A Known Population Mean And Standard Deviation To Compute The Standard Error As 45 1 (15.73 KiB) Viewed 14 times
Suppose your marketing colleague used a known population mean and standard deviation to compute the standard error as 45.1 for samples of a particular size. You don't know the particular sample size but your colleague told you that the sample size is greater than 80. Your boss asks what the standard error would be if you double the sample size. What is the standard error for the new sample size? Please round your answer to the nearest tenth. Note that the correct answer will be evaluated based on the full-precision result you would obtain using Excel.