A simple random sample of 36 observations was taken from a large population. The sample mean and the standard deviation were determined to be 360 and 120 respectively. The standard error of the mean is

A. 3.33.
B. 3.
C. 10.
D. 20.


Answer: D

Business

You might also like to view...

The goal of the ______ style of conflict management is to avoid making a decision at whatever cost. Neither your concerns nor the concerns of the other party need be satisfied.

A. acclimation B. collaboration C. competition D. avoidance

Business

The final step in variance analysis is determining the cause of the variance

Indicate whether the statement is true or false

Business

The BCG matrix is used primarily for tactical planning, while the the balanced scorecard is used primarily for strategic planning

Indicate whether the statement is true or false

Business

Acme Global announced that it had a $1 million pool available for pay increases this year. Top performers will receive larger raises than others. Lindsey was a top performer and hopes to get a 10% ______.

A. bonus B. commissions C. merit increase D. piecework

Business