The manager of a car dealership would like to determine the average years of ownership for a new vehicle. He found that a sample of 25 customers who bought new vehicles owned that vehicle for 7.8 years, with a standard deviation of 2.5 years. What is the standard error for this sample mean?
[list=1] [*]Identify the given information. [*]Determine the standard error of the mean. [/list] This applet is provided by Walch Education as supplemental material for the [i]UCSS Secondary Math III[/i] program. Visit [url="http://www.walch.com"]www.walch.com[/url] for more information on our resources.