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Major League Baseball Salaries Averaged $3

Question 141

Multiple Choice

Major league baseball salaries averaged $3.26 million with a standard deviation of $1.2 million in 2009. Suppose a sample of 100 major league players was taken. What was the standard error for the sample mean salary?


A) $0.012 million
B) $0.12 million
C) $12 million
D) $1,200.0 million

Correct Answer:

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