Question: The sample variance is used in the formula for standard error when the population variance is not known. Why is it appropriate to substitute the

The sample variance is used in the formula for standard error when the population variance is not known. Why is it appropriate to substitute the sample variance for the population variance?

Step by Step Solution

3.40 Rating (175 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Because the sample variance is ... View full answer

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

Document Format (1 attachment)

Word file Icon

1310-L-B-L-I-C-B(663).docx

120 KBs Word File

Students Have Also Explored These Related Business Law Questions!