Mathematics, 27.02.2020 17:16 218219
Which of the following SRS designs will give the most precision (smallest standard error) for estimating a population mean? Assume that each population has the same value of the population variance S^2?
1) An SRS of size 400 from a population of size 4000
2) An SRS of size 30 from a population of size 300
3) An SRS of size 3000 from a population of size 300,000,000
Answers: 3
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Which of the following SRS designs will give the most precision (smallest standard error) for estima...
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