Standard error of the mean, Accounting Standards

To finish  this scenario, use the Sample Size Estimator Sheets A, B of this file.

In the previous years of the twenty-first century, annual salaries for federal employees in the Upper Midwest averaged approximately $42,000, with a population standard deviation (σ) of $4,900. If we drew a random sample of 25 federal employees from this population:

What would the standard error of the mean be?

What is the probability that the sample mean would be among $41,000 and $43,000?

What is the probability that the sample mean would be among $41,000 and $43,000 if we enhanced the sample size to 100

 

Posted Date: 3/23/2013 3:19:31 AM | Location : United States







Related Discussions:- Standard error of the mean, Assignment Help, Ask Question on Standard error of the mean, Get Answer, Expert's Help, Standard error of the mean Discussions

Write discussion on Standard error of the mean
Your posts are moderated
Related Questions
Consisting mainly of accounting educators the American Accounting Association (AAA) has sought to encourage research and study at a theoretical level into the concepts or standards

Along with a view to harmonise varying accounting policies and practices recently utilize in India, the Institute of Chartered Accountants of India (ICAI) created the Accounting St

International Accounting Standard Committee ( I. A. S.C. ) Defines inventories as Tangible property) a. Held for sale in the ordinary course of business. b. In the proces

Fixed Assets These are tangible, relatively long-lived items owned through the business. The benefit of these assets is obtainable not only in the accounting period wherein the

Q. Explain accounting structure? The accounting structure of a profit seeking business is an information system designed to provide relevant financial information on the resour

i need guidance note, expert advisory help or contoveries on AS 13

To establish and implement an accounting system  for  Trigon  Corporation, using MYOB accounting software. Needed: 1.  Make and print a  suitable chart of accounts in MYOB

3. Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0

a.Compute the number of preferred shares that were issued during 20X6, which is Preferred stock, $100 par value, 10% $580,000 $500,000

the relevance of standard costing