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Basic Question 13 of 30
A sample of 10 observations is drawn from a population with mean 17. The mean of the observations equals 14.3 and the sample standard deviation equals 4.8. The sampling error in mean equals ______.
B. 9.6
C. -2.7
A. 4.8
B. 9.6
C. -2.7
User Contributed Comments 2
| User | Comment |
|---|---|
| Gooner7 | sample SD is an irrelevant details. I was told that CFAI loves dropping irrelevant details |
| johntan1979 | Just like the market... lots of information everywhere, many irrelevant. |
I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu
Learning Outcome Statements
compare and contrast simple random, stratified random, cluster, convenience, and judgmental sampling and their implications for sampling error in an investment problem
CFA® 2024 Level I Curriculum, Volume 1, Module 7.