A study of 562 of customers using the company's shopping app shows that they have a...
A study of 562 of customers using the company's shopping app shows that they have a mean income of $42,000 with a standard deviation of 16354. What is the standard error of this sample mean? Round to the nearest whole number.
Homework Answers
standard error
= standard deviation/sqrt(number of customers)
= 16354/sqrt(562)
= 689.85
= 690
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