Jill is weighing between two job offers. Job offer 1, would pay her a base salary of
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The standard error of the mean is 12.
The standard error of the mean points to the standard deviation of the distribution of a sample mean obtained from a population.
The standard error S.E of the mean can be calculated by using the formula:
where;
- standard deviation
= 24
- sample size n = 4
S.E = 12
Learn more about the Standard error of the mean here: