Consider 3 box models as follows, where the draws are made with replacement, and the sum of the draws is calculated.BoxModel1: 100 draws from the box with 1, 2, 3, 4, 5BoxModel2: 100 draws from the box with 2, 4, 6, 8, 10BoxModel3: 10,000 draws from the box with 1, 2, 3, 4, 5Denote the standard error (SE) for the sum of draws of the 3 models by SE1, SE2 and SE3 respectively.Which of the following statements is TRUE?Group of answer choicesA. SE1 = SE2 = SE3B. SE1 = 2SE2 = 10SE3C. SE2 = 2SE1, SE3 = 10SE1D. SE2 = 4SE1, SE3 = 100SE1

Given: The objective is to find which of the following is true A. SE1 = SE2 = SE3 B. SE1 = 2SE2 =…

Answered: A. SE1 = SE2 = SE3 B. SE1 = 2SE2 =…

Algebra & Trigonometry with Analytic Geometry

13th Edition

ISBN:9781133382119

Author:Swokowski

Publisher:Swokowski

Chapter10: Sequences, Series, And Probability

Section10.8: Probability

Problem 32E

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Question

Consider 3 box models as follows, where the draws are made with replacement, and the sum of the draws is calculated.

BoxModel1: 100 draws from the box with 1, 2, 3, 4, 5
BoxModel2: 100 draws from the box with 2, 4, 6, 8, 10
BoxModel3: 10,000 draws from the box with 1, 2, 3, 4, 5

Denote the standard error (SE) for the sum of draws of the 3 models by SE₁, SE₂ and SE₃ respectively.

Which of the following statements is TRUE?

Group of answer choices

A. SE₁ = SE₂ = SE₃

B. SE₁ = 2SE₂ = 10SE₃

C. SE₂ = 2SE₁, SE₃ = 10SE₁

D. SE₂ = 4SE₁, SE₃ = 100SE₁

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A. SE1 = SE2 = SE3 B. SE1 = 2SE2 = 10SE3 C. SE2 = 2SE1, SE3 = 10SE1 D. SE2 = 4SE1, SE3 = 100SE1