Question #53372

A population has a mean of 500 and a standard deviation of 50. A sample of 40 will be taken and the sample mean x̄ will be used to estimate the population mean. Assume that the population is infinite.

What is the standard deviation of x̄?

a. 1.25
b. 7.91
c. 40
d. 50
1

Expert's answer

2015-07-13T11:30:55-0400

Answer on question #53372, Math / Statistics and Probability

Question A population has a mean of 500 and a standard deviation of 50. A sample of 40 will be taken and the sample mean xˉ\bar{x} will be used to estimate the population mean. Assume that the population is infinite. What is the standard deviation of xˉ\bar{x}?

Solution Deviation of sample is related to deviation of population as

σˉ=σn=50407.9\bar{\sigma}=\frac{\sigma}{\sqrt{n}}=\frac{50}{\sqrt{40}}\approx 7.9

Hence, answer is b.7.91

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