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
Q. What do you mean by Accounting Environment? Record keeping in an accounting sense is deliberation to have begun about 4000 BCE. The control, record-keeping, and verification

The Financial Executives Institute is an organization established in 1931 whose members are mainly financial policy-making executives. Several of its members are chief financial of

how much does a paper costs regarding differences and similiarities of gaap and ifrs for 4 companies

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

Q. Learning objectives of Accounting? Describe and identify the three basic forms of business organizations. differentiate between the three types of activities per

tools and techniques of financial statement

The book of Deven Verma could not be tallied. The accountant transferred the difference of Rs. 1,270 in the suspense account on the debit side. The following mistakes were found la

This time of year we all here about football. For me it is the bad news of how poorly the Buffalo Bills are performing. Hopefully your favorite team is doing well. One thing we all

last changes in accounting standard in aias?

are exploration costs assets to Mining companies?