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A set of 100 data points yields an average x̅  = 9 and a standard deviation σ_x = 4. The error in the estimated mean is closest to
Question

A set of 100 data points yields an average  = 9 and a standard deviation σ_x = 4. The error in the estimated mean is closest to

A.

3.0

B.

0.4

C.

4.0

D.

0.3

Correct option is B

Given:

  • Total number of data points, n = 100,
  • Average (mean), x̅ = 9,
  • Standard deviation, σ_x = 4,
  • Find the error in the estimated mean.

Solution:

  1. Formula for the error in the mean:
    The error in the estimated mean is calculated as:
    Error = Standard deviation (σ_x) / Square root of the number of data points (√n).

  2. Substitute the given values:

    • Standard deviation (σ_x) = 4,
    • Total data points (n) = 100,
    • Square root of n = √100 = 10.

    Error = 4 / 10 = 0.4.

  3. Interpretation:
    The error in the estimated mean is small because the number of data points is large, reducing uncertainty in the mean estimate.

Conclusion:
The error in the estimated mean is (b) 0.4.

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