Introductory Statistics 9th Edition

Published by Wiley
ISBN 10: 1-11905-571-7
ISBN 13: 978-1-11905-571-6

Chapter 7 - Section 7.2 - Mean and Standard Deviation of x - Exercises - Page 283: 7.12

Answer

N=5000, n=300, $n/N$ = $300/5000$=0.06, which is less than .05. When σ=25, $\sigma_{\bar{x}\ }$ = $\frac{σ}{\sqrt n}$ = $\frac{25}{\sqrt 300}$ = 1.443 B. N=5000, n=100, $n/N$ = $100/5000$=0.02, which is less than .05. When σ=25, $\sigma_{\bar{x}\ }$= $\frac{σ}{\sqrt n}$ = $\frac{25}{\sqrt 100}$ = 2.5

Work Step by Step

σ_${\bar{x}\ }$ = $\frac{σ}{\sqrt n}$ is used because $n/N$ is less than .05, where N is the population size and n is the sample size.
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