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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 am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
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® 2025 Level I Curriculum, Volume 1, Module 7.