1. Math
2. Statistics And Probability
3. if a sample of 100 customers spend an average of...

# 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