A Sample of 50 Is Selected from a Known Population

question 66

Multiple Choice

A sample of 50 is selected from a known population of 250 elements. The population standard deviation is 15. Using the finite correction factor,what is the standard error of the sample means?

• A)2.89
• B)1.90
• C)2.12
• D)Cannot be determined

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Definitions:

Glass Containers

Durable and recyclable vessels made of glass used to hold liquids and solids, often utilized for storage and packaging.

Upper Confidence Bound

The upper limit of a confidence interval, indicating the highest value that, with a certain level of confidence, is believed to encompass the true parameter.

Population Means

The averages of different populations, providing a measure of central tendency for each population's data.

Large Samples

Refers to datasets that are sufficiently large to enable statistically meaningful analysis, often used to achieve more accurate estimates of population parameters.