A company has estimated the standard deviation of individual sales transactions to be 2000 Approximately 100 sales transactions take place each week What is an estimate of the standard error of the average weekly sales

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March 1, 2023
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March 1, 2023

A company has estimated the standard deviation of individual sales transactions to be 2000 Approximately 100 sales transactions take place each week What is an estimate of the standard error of the average weekly sales

Question 1

A company has estimated the standard deviation of individual sales transactions to be $2000. Approximately 100 sales transactions take place each week. What is an estimate of the standard error of the average weekly sales?

$5

$20

$100

$200

 
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