A restaurant freezes a cherry and lime juice mixture to create slushes. Cherry juice costs $5 per quart, and lime juice costs $3
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Answer:
The standard error of the mean is 4.5.
Step-by-step explanation:
As we don't know the standard deviation of the population, we can estimate the standard error of the mean from the standard deviation of the sample as:
The sample is [30mins, 40 mins, 60 mins, 80 mins, 20 mins, 85 mins]. The size of the sample is n=6.
The mean of the sample is:
The standard deviation of the sample is calculated as:
Then, we can calculate the standard error of the mean as: