From a Population of 200 Elements, the Standard Deviation Is

question 1

Multiple Choice

From a population of 200 elements, the standard deviation is known to be 14. A sample of 49 elements is selected. It is determined that the sample mean is 56. The standard error of the mean is _____.

• A) 3
• B) 2
• C) greater than 2
• D) less than 2

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Definitions:

Novation

The act of replacing an existing obligation with a new one, transferring rights and duties from the original party to a new party.

Substitute

A replacement or alternative for someone or something.

Contract

A binding contract between multiple parties that is supported by legal enforcement.

Principal Purpose

The primary or predominant reason for which an activity, agreement, or operation is intended or carried out.