Question: Assume an insurer like to select a sample (sample size n=1000) from a population with a mean of 200 and standard deviation of 150, the
Assume an insurer like to select a sample (sample size n=1000) from a population with a mean of 200 and standard deviation of 150, the standard error of the sampling distribution is:
Select one:
a. 4.1
b. 4.7
c. 200
d. 150
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
