The Excel file titled states.xlsx contains the median income in 2011 for all 50 states and the

Question:

The Excel file titled states.xlsx contains the median income in 2011 for all 50 states and the District of Columbia.

a. Use Excel to draw a simple random sample consisting of four states, and then calculate the sampling error for the sample.

b. Use Excel to draw a simple random sample consisting of eight states, and then calculate the sampling error for the sample.

c. Use Excel to draw a simple random sample consisting of 12 states, and then calculate the sampling error for the sample.

d. Compare the sampling error for parts

a, b, and c and explain the reason for the differences.

AppendixLO1

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Related Book For  book-img-for-question

Business Statistics

ISBN: 9780133852288

2nd Edition

Authors: Robert A Donnelly, Robert Donnelly Jr

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