Fifty students are enrolled in a Business Statistics class. After the first examination, a random sample of 5 papers was selected. The grades were 60, 75, 80, 70, and 90. a) Determine the standard error of the mean

The standard error  S.E of the mean is 5

Step-by-step explanation:

From the given data;

Fifty students are enrolled in a Business Statistics class.

After he first examination, a random sample of 5 papers was selected.

Now; let consider a random sample of 5 papers was selected. with the following grades : 60, 75, 80, 70, and 90

The objective of this question is to determine the standard error of the mean

In order to achieve this ; we need to find the mean and the standard deviation from the given data.

TO start with the mean;

Mean =

Mean =

Mean = 0.2(375)

Mean = 75

On the other hand; the standard deviation is :

s = 11.18

Finally; the standard error  S.E of the mean is:

The standard error  S.E of the mean is 5