Calculate the standard error of the mean C Secure ld-473133381& questionld-38flu

Question

Calculate the standard error of the mean
C Secure ld-473133381& questionld-38flushed false&cld; 4926991Breviewye&tback; INSS220.001 $18 Osita Unamba& 147/18 3.36 PM Review Homework: Homework 7 Score: 1 of 4 pts 3 of 4 Hw Score: 60% 9 of 15 pt 7.4.14-T Acconding to a tosnrch insilution the averagehotel price in a cetain year was 59373 Assume the popuation standard deviation h 518 00 and at a random sample of 12 hoteds wes selocted Complete parts a through Question Hep a, Calculate the standard error of the mean Round to two decimal places as needed) Enter your answer in the answer box and then click Check Anwr ? ??? here to search

Explanation / Answer

Standard error = standerd deviation/?(size of sample) = 18÷(?42) = 2.7774603 = 2.78

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