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The Table Below Shows the Number of Goals Scored by the Huntington

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Essay

The table below shows the number of goals scored by the Huntington Soccer Club in their league for the past 12 years. Calculate the standard error of the mean of the data given that the variance of the data is 50.45  Goals Scored by the Huntington  Soccer Club for the past 12  years  Year 1 45 Year 2 51 Year 3 33 Year 4 40 Year 5 30 Year 6 38 Year 7 49 Year 8 52 Year 9 46 Year 10 43 Year 11 40 Year 12 50\begin{array}{|c|c|}\hline\begin{array}{c}\text { Goals Scored by the Huntington } \\\text { Soccer Club for the past 12 } \\\text { years }\end{array} & \\\hline \text { Year 1 } & 45 \\\hline \text { Year 2 } & 51 \\\hline \text { Year 3 } & 33 \\\hline \text { Year 4 } & 40 \\\hline \text { Year 5 } & 30 \\\hline \text { Year 6 } & 38 \\\hline \text { Year 7 } & 49 \\\hline \text { Year 8 } & 52 \\\hline \text { Year 9 } & 46 \\\hline \text { Year 10 } & 43 \\\hline \text { Year 11 } & 40 \\\hline \text { Year 12 } & 50 \\\hline\end{array}


Definitions:

Direct Labor-Hours

Direct labor-hours are the total number of hours worked by employees directly involved in the manufacturing process, used as a basis for assigning labor costs to products.

Direct Materials

Raw materials that can be directly identified with the production of specific goods or services and are a major component of product costs.

Budgeted Production

The planned level of production output, calculated based on demand forecasts and inventory requirements.

Direct Labor Budget

A financial plan that estimates the cost of direct labor required to meet production goals, taking into account wages and hours.

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