What is the standard error of the mean

Assignment Help Basic Statistics
Reference no: EM132150455

A teacher started class one day by drawing the names of 10 students out of a hat and asked them to accomplish as much pushups as they could. The 10 randomly selected students averaged 15 pushups per person with a standard deviation of 9 pushups. Suppose the distribution of the population of number of pushups that can be done is approximately normal. What is the standard error of the mean?

The following are answer options

a. 2.846

b. 0.900

c. 3.061

d. 4.743

Reference no: EM132150455

Questions Cloud

What is the internal rate of return? of opportunity : Suppose you invest $2,000 today and receive $9,500 in five years. a. What is the internal rate of return? (IRR) of this? opportunity?
What is the npv of a project that costs : What is the NPV of a project that costs $15,000 and returns $25,000 annually for three years if the opportunity cost of capital is 14%?
What is the maximum that should be invested : What is the maximum that should be invested in a project at time zero if the inflows are estimated at $10,000 annually for three years, and the cost of capital
Best approach to evaluating whether the extension : Q1. What would the best approach to evaluating whether the extension to the new line be? would an IRR / NPV approach be adequate?
What is the standard error of the mean : Suppose the distribution of the population of number of pushups that can be done is approximately normal. What is the standard error of the mean?
Increase the length of time involved : Compounding and Period: As you increase the length of time involved, what happens to future values? What happens to present values?
Disadvantages or risks associated with using credit : What are the disadvantages or risks associated with using this credit? Do the advantages outweigh the risks? Discuss, with specific examples.
Calculate the total variance of stock a : The standard deviation of the market-index portfolio is 45%. Stock A has a beta of 1.20 and a residual standard deviation of 55%.
What is the minimum cash flow that could be received : What is the minimum cash flow that could be received at the end of year three to make the following project "acceptable?"

Reviews

Write a Review

Basic Statistics Questions & Answers

  Find the probability that no accident will occur in city

Let x denote the number of accidents that will occur in this city on a given day. Write the probability distribution of x.

  Probability of choosing a red card for the second card

Two cards are drawn without replacement from a standard deck of52playing cards. What is the probability of choosing a red card for the second card drawn

  What are the steps used to analyze a significant interaction

A researcher obtains a significant interaction and a significant main effect. Which significant effect should the researcher typically analyze first? Explain.

  Just before a city referendum on a school budget a local

just before a city referendum on a school budget a local newspaper polls 372 voters in an attempt to predict whether

  Find the probability related to the hurricanes

Hurricane hitting the eastern coast of India follows Poisson with a mean of 0.5 per year. Determine the ptobability of ilot hitting the Indian eastern coast.

  Find standard deviation si that cans will contain twelve oz

If the process mean remains at 12.05 oz, what must the standard deviation be so that 99% of the cans will contain 12 oz or more?

  Probability notation

What is a probability notation? What are the advantages and disadvantages of using a probability notation? How does probability notation aid in decision making?

  Sample correlation between revenue and expenditure

(a) Draw a scatterplot. (b) Find the sample correlation between revenue and expenditure. (c) Draw a QQ plot. (d) Interpret (a), (b), and (c).

  Find the sample size in order to obtain p estimate

How large sample should be selected in order to obtain p estimate with a bound of 0.08 on the error of estimation.

  A researcher conducts an independent-measures study

a researcher conducts an independent-measures study examining how the brain chemical serotonin is related to

  Describe how you will simulate a component

Two pair or three of a kind? When drawing five cards randomly from a deck, which is more likely, two pairs or three of a kind?

  Preparation to produce round kitchen tables

Harry and Melissa Jacobson produce handcrafted furniture in a workshop on their farm. They have obtained a load of 600 board feet of birch from a neighbour and are preparation to produce round kitchen tables and ladder-back chairs during the next ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd