If a Sample with 40 Values Has a Standard Deviation

question 3

Multiple Choice

If a sample with 40 values has a standard deviation of 16, what would the standard error be?

• A) 2.5
• B) 5.0
• C) 7.5
• D) 10.0

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Definitions:

Upper Quartile

The value above which 25% of the data lies, also known as the third quartile.

Yearly Donations

Contributions made on an annual basis to charitable organizations or causes, often for tax, philanthropy, or personal satisfaction reasons.

Thousands of Dollars

A unit of monetary measurement used to express large sums of money, often in economic, financial, or budgetary contexts.

60th Percentile

A value below which 60 percent of the data in a data set falls, used as a measure of distribution.