Question: if a sample from a population with a standard deviation equal to sigma, how will the standard error of mean be affect if we decide

if a sample from a population with a standard deviation equal to sigma, how will the standard error of mean be affect if we decide to increase the sample. will it increase, decrease, stay the same, or change unpredictably?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

How to calculate random sample ? Consider a population having a standard deviation equal to 10.05. We wish to estimate the mean of this population. (a) How large a random sample is needed to...

Can u help me in this multiple choice questions 5:56 4 .n LTE C3- Take Quiz Exit ll D Question 2 1 pts Which of the following is not needed to compute a 1' statistic? Q The value of the population...

Please give me the answer for table 4 hhmi Biolnteractive Click & Learn Sampling and Normal Distribution Student Worksheet 8. Provide the reasoning for the relationship you observed between...

sampling and 8. Provide the reasoning for the relationship you observed between distribution of the means and sample size. We refer to the standard deviation of the sample means as "standard error of...

Consider a population having a standard deviation equal to 10.05. We wish to estimate the mean of this population. Consider a population having a standard deviation equal to 10.05. We wish to...

1. A recent magazine article claimed that \"our survey results using a random sample indicate that, on average, American adults watch between 75 and 77 minutes of television per day.\" a. What is the...

Hypothesis Testing Using One Sample For this practical application assignment, you will use the daily adjusted closing price data of Target (TGT) for the last five years. You may use the Hypothesis...

Consider a population having a standard deviation equal to 9.76. We wish to estimate the mean of this population. (a) How large a random sample is needed to construct a 95 percent confidence interval...

Consider a population having a standard deviation equal to 9.70. We wish to estimate the mean of this population. (a) How large a random sample is needed to construct a 95 percent confidence interval...

Lets figure out GDP for Robinson Crusoe. a. Initially he is stuck on an island without the wisdom and local knowledge of Friday. Because Crusoe is a proper Englishman, he wants to keep his accounts....

Calcium ions contribute to the hardness of water. a) Based on the Ksp experiment, describe a way to "soften" water by removing calcium ions. 2. b) What would be the advantages and disadvantages of...

What are the agency client retention rates?

Short Problem 6-1. Develop an REA data model for ordering inventory. Consider this a single event. You will need to identify the associated resource(s) and agent(s). Draw the model using Microsoft...

Transfer pricing (adapted from CPA exam). Kwan's Building Supplies has two decentralized divisions. Hardware and Pre-Fab. Pre-Fab has always purchased certain units from Hardware at $220 per unit....

Transfer pricing. The consulting group in an accounting firm offers its products to outside clients at a price of $200 per hour. Last month, the consultants billed 10,000 hours to outside clients,...

Biases in ROI computations. Alfonso Sports Clinic uses rate of return on investment (ROI) as a basis for determining the annual bonus of divisional managers. The firm allocates central corporate...