A student organization plans to ask 100 randomly selected students how much they spent on textbooks last semester. You argue for a sample of 900 students instead of 100. You know that the standard deviation of the sample mean x of the amounts spent will be _____ times as large with the larger sample. What should the blank "_____" be:1) three2) one-ninth3) one-third4) nine

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Answer:

3) one-third

Step-by-step explanation:

the proportion between the standard deviations is

[tex]\frac{s2}{s1}[/tex] =[tex]\sqrt{\frac{N1}{N2} }[/tex] where

  • s1,s2 are the standard deviations of the samples 1 and 2
  • N1,N2 are the sample sizes of the samples 1 and 2.

If sample 1 is the sample with 100 students and sample 2 is the sample with 900 students, then

[tex]\frac{s2}{s1}[/tex] =[tex]\sqrt{\frac{100}{900} }[/tex] =[tex]\frac{1}{3}[/tex]

Therefore,

the standard deviation of the sample mean x of the amounts spent will be one-third times as large with the larger sample