Random Samples of Size 49 Are Taken from an Infinite

question 136

Multiple Choice

Random samples of size 49 are taken from an infinite population whose mean is 300 and standard deviation is 21.The mean and standard error of the sample mean,respectively,are:

• A)300 and 21
• B)300 and 3
• C)300 and 0.43
• D)None of these choices.

---

Definitions:

Public Corporation

A company whose shares are publicly traded on the stock market, allowing shareholders to own a portion of the business.

Private Corporation

A business entity owned by private individuals or entities, and whose shares are not traded publicly on stock exchanges.

Strategic Advisor

A professional who provides expert advice and guidance on long-term planning and decision-making to enhance an organization’s growth and success.

Business Trends

Emerging patterns within the business landscape that indicate changes in consumer behavior, market dynamics, or operational strategies.