Draw a random sample without replacement of 10 employees, using the table of random digits, starting in
Question:
a.* List the employee numbers for your sample.
b. Find the average salary for your sample and interpret this number.
c. Find the standard deviation of salary for your sample and interpret this number.
d. Find the standard error of salary for your sample and interpret this number. In particular, in what way is it different from the standard deviation found in the previous part of this exercise?
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Arranging the random digits in groups of 2 we have 14 53 62 38 70 78 40 24 17 59 26 23 27 74 22 76 2...View the full answer
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Manoj kumar chouhan
I have completed BE in Electronics & communication , PGDM in Marketing with having a 7+ year experience in sales & marketing . Branding solution, Business development , Strategic planning that helps to grow sales and distribution network of a firm and scale up the profitability of organization. Also Certified in SAP -SD , Six Sigma, MSME- Business Development Plan. Also gave guest lectures on Mathematics & Business development , Marketing
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