Estimate the variance and standard error of the sample mean

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Reference no: EM131397041

Answer the same question posed in the previous problem, only replace means with sample variances.

Suppose you randomly sample n = 8 participants and get

2, 6, 10, 1, 15, 22, 11, 29

Estimate the variance and standard error of the sample mean.

Reference no: EM131397041

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