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A simple random sample of 64 observations was taken from a large population. The sample mean...

A simple random sample of 64 observations was taken from a large population. The sample mean and the standard deviation were determined to be 70 and 12 respectively. The standard error of the mean is . . . (hint: enter the answer with one decimal place)

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Answer #1

Standard deviation, \sigma = 12

Sample size, n = 64

Standard error \sigma _{\bar{x}} , = \sigma/\sqrt{n}

= 12/\sqrt{64}

= 1.5

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