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Question: if a sample of 100 customers spend an average of...

Question details

If a sample of 100 customers spend an average of $460 with standard deviation $47 then the estimate for the population mean µ is $460.

What is the standard error of this estimate ?

a.
None of the options is correct
b.
12.70
c.
30.16
d.
4.70
e.
-3.30
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