A sample of n = 16 scores has a mean of M = 56and a standard deviation of s = 12 . a. Explain what is measured by the sample standard deviation. b. Compute the estimated standard error for the sample mean and explain what is measured by the standard error.
A sample of n = 16 scores has a mean of M = 56and a standard deviation of s = 12 . a. Explain what is measured by the sample standard deviation. b. Compute the estimated standard error for the sample mean and explain what is measured by the standard error.
Chapter1: Making Economics Decisions
Section: Chapter Questions
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A sample of n = 16 scores has a mean of M = 56and a standard deviation
of s = 12 .
a. Explain what is measured by the sample standard deviation.
b. Compute the estimated standard error for the sample mean and explain what is measured by the standard error.
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