You Select 15 People at Random from a Population of 10,000

question 40

Short Answer

You select 15 people at random from a population of 10,000 and ask them how many movies they have rented in the past month.Their responses are:
4 0 6 0 8 3 7 6 5 0 1 4 2 9 5
You know that the mean number of movies rented in the past month by the population is 5.0.Assuming that you made no non-sampling errors,what is the sampling error for the mean?

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Definitions:

Sanctions

Penalties or measures imposed by a government or organization to enforce obedience or deter unacceptable behavior.

Disciplinary Proceedings

The formal process through which an organization or institution addresses and corrects violations of rules or codes of conduct by its members or employees.

Civil Monetary Penalties

Fines imposed by government agencies for violations of certain regulations or laws.

Securities Act of 1933

A U.S. law enacted to protect investors by requiring that securities sold in interstate commerce be registered and disclose relevant financial information.