A sample mean 80 and sample standard deviation 12 for the random sample of 100
observations. The standard error of the mean is
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Step-by-step explanation:
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The standard error of the mean measured is 0.12.
Step-by-step explanation:
Data given,
The mean of the sample, x = 80
The sample standard deviation, σ = 12
The total number of random sample observations, N = 100
To find:
The standard error of the mean, e =?
Now,
The percentage error of the mean can be calculated by the equation of the number of observations given below:
- ----------- equation (1)
Here,
- N = The total number of sample observations
- = The coefficient of variation
- e = The percentage error of the mean
Firstly, we have to calculate the coefficient of variation by the equation given below:
Here,
- σ = The standard deviation of the sample
- x = Mean of the sample
Therefore,
- = 15%
Now, after putting the value of the coefficient of variation in equation (1), we get:
- = 2.25e = 1.5
As we know,
- The standard error of the mean = mean × absolute mean error percentage
- The standard error of the mean = 80 × = 0.12.
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