Statics Probability Question:
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Which of the following is the correct statement?
Answer:
1. The standard error of the sampling distribution of the mean tells us how much our samples tend to vary around the population mean.
2. The standard deviation of the sampling distribution is called the sampling error.
3. The mean of several sample means gives the best estimate of the population means.
4. The larger the sampling size the larger the sampling error.
Answer: The mean of several sample means gives the best estimate of the population means.
2. The standard deviation of the sampling distribution is called the sampling error.
3. The mean of several sample means gives the best estimate of the population means.
4. The larger the sampling size the larger the sampling error.
Answer: The mean of several sample means gives the best estimate of the population means.
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