Suppose we want to estimate the mean weight gain among a cohort
of
college freshmen. We randomly sample 324 freshmen and follow them
over
the entirety of their first year. Unknown to us, in the entire
cohort, the mean
weight gain over the year is 20 pounds and the standard deviation
is 9 pounds.
What is the expected value and the standard error of the sample
mean?
Let X be the weight gain among a cohort of college freshmen.
Given the mean weight gain and standard deviation is
We randomly sample 324 freshmen.
According to central limit theorem as sample size(n) becomes sufficiently large the distribution of sample mean is approximately normal with mean and Standard deviation
Therefore the expected value of sample mean is
and standard error is

hence the standard error of the sample mean is 0.50
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