Answer:
a) Expected value of the mean = 0.793 percent
b) Standard error = 0.019 percent.
Step-by-step explanation:
Given
mean = μ = 0.793 percent
Standard deviation = σ = 0.114 percent
a) The sample mean is related to the population mean through
μₓ = μ = 0.793 percent
Hence, the expected value of the sample mean = 0.793 percent.
b) The standard error is given as
Standard error = σ/√n
where n = sample size = 36
Standard error = (0.114/√36)
Standard Error = 0.019 percent.
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