Question 1
Exhibit 7-1
A random sample of 121 bottles of cologne showed an average content of 4 ounces. It is known that the standard deviation of the contents (i.e., of the population) is 0.22 ounces.
Refer to Exhibit 7-1. The standard error of the mean equals
0.3636
0.0331
0.0200
4.000
Question 2
Exhibit 7-1
A random sample of 121 bottles of cologne showed an average content of 4 ounces. It is known that the standard deviation of the contents (i.e., of the population) is 0.22 ounces.
Refer to Exhibit 7-1. The point estimate of the mean content of the bottles is
0.22
4
121
0.02
Answer 1
0.0200
Answer 2
4