Question: Suppose a random sample of size 40 is selected from a population with = 11. Find the value of the standard error of the mean
Suppose a random sample of size 40 is selected from a population with = 11. Find the value of the standard error of the mean in each of the following cases (use the finite population correction factor if appropriate). The population size is infinite (to 2 decimals). The population size is N = 50,000 (to 2 decimals). The population size is N = 5,000 (to 2 decimals). The population size is N = 500 (to 2 decimals).
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