A sample of size n= 25 is selected from a normal population. This sample has a mean
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Question:
- A sample of size n= 25 is selected from a normal population. This sample has a mean of 15 and a sample variance of 4. What is the standard error of the sample mean?
2.) James Ambercrombie believes that the average return on equity in the utility industry, , is greater than 10%. What are the null (H0) and alternative (Ha) hypotheses for his study?
3.) The probability of A is 0.4. The probability of B is 0.32. the probability of (B/A) is 0.5. Using Bayes formula, what is the probability of (A/B)?
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