SOLUTION: Can anybody please answer this. Pls.explain. Thanks As the sample size increases and if the sample std. deviation remains the same, the standard error of the mean will ________

Algebra ->  Probability-and-statistics -> SOLUTION: Can anybody please answer this. Pls.explain. Thanks As the sample size increases and if the sample std. deviation remains the same, the standard error of the mean will ________      Log On


   



Question 57672: Can anybody please answer this. Pls.explain. Thanks
As the sample size increases and if the sample std. deviation remains the same, the standard error of the mean will ________?

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
As the sample size increases and if the sample std. deviation remains the same, the standard error of the mean will ________?
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Standard Error = z* sigma/sqrtn
Standard Error and n are inversely related.
As sample size increases Standard Error will decrease.
Think of it this way. As the size of the sample approaches
the size of the population your misconceptions about the
population decrease.
Cheers,
Stan H.