Questions & Answers for: Institute of Mathematics and Statistics se 350

...First you need the Std Error of the mean value, a measure of the dispersion of that mean value. SE = sample std deviation / sqrt (sample size) = 8 / ? 64 = 1 Then we use a figure for the number

...350. a light bulb factory needs to estimate the mean life of a large shipment of bulbs First you need the Std Error of the mean value, a measure of the dispersion of that mean value. SE = sample std ...