The following data summarize the 2009 external debt (in millions of dollars) for seven countries. a. Assume
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a. Assume that σY = 93,500. Calculate the standard error and interpret.
b. Write a report wherein you discuss the following: the standard error compared with the standard deviation of the population, the shape of the sampling distribution, and suggestions for reducing the standard error.
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a The standard error is calculated as follows This value represen...View the full answer
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Related Book For 
Social Statistics For A Diverse Society
ISBN: 9781483333540
7th Edition
Authors: Chava Frankfort Nachmias, Anna Leon Guerrero
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