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Standard deviation of sampling distribution of mean

If the standard deviation for the sampling distribution for the mean of a random sample of size 36 from a large population is 2, how large must the size of the sample become if the standard deviation of the sampling distribution of the mean is to be reduced to 1?

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Finance Basics: Standard deviation of sampling distribution of mean

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Solution Preview :

Prepared by a verified Expert

Finance Basics: Standard deviation of sampling distribution of mean

Reference No:- TGS0681245

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

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Solution Preview :

Prepared by a verified Expert

Finance Basics: Standard deviation of sampling distribution of mean

Reference No:- TGS0681245

Recent Questions Asked Finance Basics

Q : How much need to save for investment in vehicle earning

Q : Expected value and standard deviation of propective winnings

Q : What absolute increase in unit sales

Q : Bank statement in the mail for the month ending

Q : Standard deviation of sampling distribution of mean

Q : Describe the concept of equivalent annual cost

Q : Standard deviation of the sampling distribution

Q : Direction during that same period

Q : Probability related to purchasing of a specific brand

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