Multiple Choice
Major league baseball salaries averaged $3.26 million with a standard deviation of $1.2 million in a recent year. 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:
Verified
Correct Answer:
Verified
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