Assume the population standard deviation is = 25. Compute the standard error of the mean, x,
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Assume the population standard deviation is σ = 25. Compute the standard error of the mean, σx, for sample sizes of 500,000; 1,000,000; 5,000,000; 10,000,000; and 100,000,000. What can you say about the size of the standard error of the mean as the sample size is increased?
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Related Book For 
Statistics For Business & Economics
ISBN: 9781337901062
14th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
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