The Excel file titled states. xlsx contains the median income in 2011 for all 50 states and

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The Excel file titled states. xlsx contains the median income in 2011 for all 50 states and the District of Columbia.

a. Use Excel to draw a simple random sample consisting of four states, and then calculate the sampling error for the sample.

b. Use Excel to draw a simple random sample consisting of eight states, and then calculate the sampling error for the sample

c. Use Excel to draw a simple random sample consisting of 12 states, and then calculate the sampling error for the sample

d. Compare the sampling error for parts a, b, and c and explain the reason for the differences.

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Business Statistics

ISBN: 9780321925121

2nd Edition

Authors: Robert A. Donnelly

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Question Posted: Jul 17, 2015 03:18 AM

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The Excel file titled states. xlsx contains the median income in 2011 for all 50 states and

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a b c d As the sample size increases the sampling error in absolute value of the Excel sampl...View the full answer

Business Statistics

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