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Author Question: Exhibit 8-1In order to estimate the average time spent on the computer terminals per student at a ... (Read 160 times)

najmarocks25

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on: Mar 25, 2023

Question 1

As the sample size increases, the margin of error


◦

increases


◦

decreases


◦

stays the same


◦

increases or decreases depending on the size of the mean



Question 2

Exhibit 8-1
In order to estimate the average time spent on the computer terminals per student at a local university, data were collected for a sample of 81 business students over a one-week period. Assume the population standard deviation is 1.8 hours.


Refer to Exhibit 8-1. The standard error of the mean is


◦

7.50


◦

0.39


◦

2.00


◦

0.20

Essentials of Statistics for Business and Economics ¦ Anderson, Sweeney, Williams, Camm, Cochran ¦ 7th Edition
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Marked as best answer by najmarocks25 on Mar 25, 2023

delmiss

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Reply #1 on: Mar 25, 2023
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najmarocks25

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Reply 2 on: Mar 25, 2023
Great answer, keep it coming :)

pratush dev

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Reply 3 on: Yesterday
Excellent

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