In: Statistics and Probability
Which of the following samples would have the lowest standard error of the mean?
n = 9 from a population with σ = 60. |
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n = 9 from a population with σ = 100. |
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n = 49 from a population with σ = 60. |
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n= 49 from a population with σ = 100. |
The standard error of the mean is mathematically given by:
So, now we can compare all the given parameter and corresponding sample size
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For,
Hence,
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For,
Hence,
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For,
Hence,
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For,
Hence,
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Hence, we can see that sample size, n = 49 from a population with σ = 60 has a very low standard error of the mean with 8.57 as compared to others.