• 2022-06-06
    If we wanted to reduce the standard error of the sample mean by half, we would need a sample size of about()
    A: 184
    B: 46
    C: 92
    D: 50
    Part 4 - Retail Sales
    A retailer randomly sampled 38 shoppers on “Black Friday”
    (the day after Thanksgiving – the largest retail shopping day
    of the year in the
    E: ), and surveyed them about their shopping
    habits, including time spent. The sample mean was reported as 5.58
    hours, with a sample variance of 7.59.