Answer:
Step-by-step explanation:
Given that a simple random sample of 64 observations was taken from a large population.
Hence it can be written as n=64
The population standard deviation is 120.
It can be written as [tex]\sigma_{\overline{X}}=120[/tex]
The sample mean was determined to be 320.
It can be written as [tex]\overline{X}=\mu =320[/tex]
The formula for the standard error of the mean is given by
[tex]\sigma_{\overline{X}}=\frac{\sigma}{\sqrt{n}}[/tex]
Now substitute the values in the formula we get
[tex]\sigma_{\overline{X}}=\frac{120}{\sqrt{64}}[/tex]
[tex]=\frac{120}{8}[/tex]
[tex]=15[/tex]
[tex]\sigma_{\overline{X}}=15[/tex]