The Excel file titled states.xlsx contains the median income in 2017 for all 50 states, the District
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The Excel file titled states.xlsx contains the median income in 2017 for all 50 states, the District of Columbia and Puerto Rico.
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.
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One example a b c d As the sample size increases the sampling error in absolute value of the ...View the full answer
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