From a population of 200 elements a sample of 49 elements is
From a population of 200 elements, a sample of 49 elements is selected. It is determined that the sample mean is 56 and the sample standard deviation is 14. The standard error of the mean is
a. 3
b. 2
c. greater than 2
d. less than 2
Solution
b.2
standard error of the mean is ratio of sd/sqrt(n)
sd =14 and n=49;
14/sqrt(49) = 14/7 = 2
