By treating the following as finite and infinite samples comment on the standard errors: (a) find the sample mean and standard error for random samples of 1000 accounts if bank A has 5024 saving...


By treating the following as finite and infinite samples comment on the standard errors: (a) find the sample mean and standard error for random samples of 1000 accounts if bank A has 5024 saving accounts with an average in each account of £512 and a standard deviation of £150; and (b) find the sample mean and standard error for random samples of 1000 accounts if bank A has 10,244 saving accounts with an average in each account of £564 and a standard deviation of £150.



May 04, 2022
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