For large sample size (n), verify that there is a (50-50) chance that the mean of a

Question:

For large sample size \(n\), verify that there is a \(50-50\) chance that the mean of a random sample from an infinite population with the standard deviation \(\sigma\) will differ from \(\mu\) by less than \(0.6745 \cdot \sigma / \sqrt{n}\). It has been the custom to refer to this quantity as the probable error of the mean.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Probability And Statistics For Engineers

ISBN: 9780134435688

9th Global Edition

Authors: Richard Johnson, Irwin Miller, John Freund

Question Posted: