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2Suppose that we are interested in how much money the average cricket supporter spends on food at a single cricket match. To try to answer
2Suppose that we are interested in how much money the average cricket supporter spends on food at a single cricket match.
To try to answer this, we asked 44 randomly selected supporters at a cricket match how much money they had spent on food. The sampled results show that the sample mean and standard deviation were NZ$45.00 and NZ$4.54, respectively.
Use the sample statistics to calculate an estimate of thestandard error for the sample mean.
Give your answer to 2 decimal places.
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