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Musya8 [376]
3 years ago
5

The manager of a grocery store has selected a random sample of 100 customers. The average length of time it took these 100 custo

mers to check out was 3.0 minutes. It is known that the standard deviation of the checkout time is 1 minute. Refer to Exhibit 8-2. If the confidence coefficient is reduced to .80, the standard error of the mean _____. a. becomes negative b. remains unchanged c. will increase d. will decrease
Mathematics
1 answer:
Tanya [424]3 years ago
7 0

Answer:

b. remains unchanged

Step-by-step explanation:

Formula for standard error of mean is;

SE = σ/√n

From the above, we can see that the standard error of mean is independent of the confidence coefficient as it doesn't affect the SE.

Now, we are given that;

random sample; n = 100

Standard deviation; σ = 1

Thus;

SE = 1/√100

SE = 1/10

Now, even if the confidence coefficient is reduced, we can see that it has no impact on the standard error of mean.

Thus, SE remains unchanged.

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Answer:

Different type of real numbers include natural numbers, whole numbers, integers, irrational numbers, and rational numbers. Natural numbers are the set of numbers (1, 2, 3, 4...) also known as counting numbers. Whole numbers are natural numbers including zero (0, 1, 2, 3, 4...). Integers are the set of whole numbers and their opposites (-3, -2, -1, 0, 1, 2, 3...). Irrational numbers are numbers that cannot be expressed as a ratio of two integers. Their decimal expansions are nonending and nonrepeating. An example of an irrational number is pi (3.14). A rational number is a number that can be written as a fraction. It includes integers, terminating decimals, and repeating decimals. An example of a rational number is the number 214.

Step-by-step explanation:

7 0
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