Exercise:
  A sample has the following characteristics
  The mean of the sample is 2.5%.
  Standard deviation is 1.5%.
  400 observations in the sample.
  Which is the standard error of the mean estimate?
  A.0.125%
  B.0.088%
  C.0.053%
  D.0.075%
  Answer: D
  Explanation:

 
  相關(guān)知識(shí)點(diǎn):Standard Error of the Mean
  The standard deviation of the sampling distribution of the sample means is called the standard error of the sample means. Standard error of the mean is usually estimated by the sample standard deviation divided by the square root of the sample size (assuming statistical independence of the values in the sample):

{C}{C}{C}{C}

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