Assume that the following represent a population of N = 24 values: a. If a random sample

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Assume that the following represent a population of N = 24 values:

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a. If a random sample of n = 10 items includes the following values, compute the sampling error for the sample mean:
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b. For a sample of size n = 6, compute the range for the possible sampling error.
c. For a sample of size n = 12, compute the range for the possible sampling error. How does sample size affect the potential for extreme sampling error?
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Business Statistics A Decision Making Approach

ISBN: 9780133021844

9th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry

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