Question

Perform the following tasks using a spreadsheet (you must either enter necessary formula that are required to calculate the value or you may use spreadsheet function for the same):

(i) Calculate the standard error, given a population of 250, sample size 50 and
population standard deviation of 25.
(ii) Assume that a company manufactures Discs. The Discs should have a mean diameter
of 2cm. A sample of 20 such Discs were taken out of 1000 such Discs The sample
diameter of these Discs was 2.01 cm with a standard deviation of 0.01 cm. Can the  company say with 95% confidence that the Discs should be accepted. Make suitable assumption and justify your answer.

07 Aug 2023
Answer :
Word Count : 538

(i) To calculate the standard error, given a population size of 250, a sample size of 50, and a population standard deviation of 25, you can use the following formula:

Standard Error = Population Standard Deviation / Square Root of Sample Size

In this case, the population standard deviation is 25, and the sample size is 50. Using the formula, the calculation would be as follows:

Standard Error = 25 / √50

To calculate the square root of 50, you can use the SQRT() function in the spreadsheet package. __________ _______ ________ _______ ____ _________ __________ _________ __________ __________ _______ ________.
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