Question
Download Solution PDFIn a particular study if the sample size was 50, then standard error was 8 units. How much would be the standard error if sample size was increased to 200?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven
n = 50
S = 8
n = sample size
S = Standard deviation
Formula
S = ρ/√n
Calculation
We know that from the upper formula, ρ = S√n
⇒ 8 × √50
According to the question, if the sample size increased by 200
⇒ new n = 200
⇒ Standard error = ρ/√n
⇒ (8 × √50)/√200
⇒ 4
∴ The standard error is 4 if sample size was increased to 200.
Additional Information
- Standard Deviation (S. D):
- A standard deviation denoted by σ is a measurement of the spread of a dataset around its mean.
- Low standard deviation means data are clustered around the mean, and high standard deviation indicates data are more spread out.
- Standard Error (S. E):
- The standard error of the mean, or simply standard error, indicates how different the population mean is likely to be from a sample mean.
- It tells you how much the sample mean would vary if you were to repeat a study using new samples from within a single population.
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