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For a very large population the ratio between  and σ is 8 : 40. The sample size n will be

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UGC Paper 2: Commerce 26th June 2019
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  1. 5
  2. 25
  3. 32
  4. 48

Answer (Detailed Solution Below)

Option 2 : 25
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Formula:  = σ / √n

Therefore, √n = σ / 

                  √n = 40 / 8

                  √n = 5

                   n = 25

Therefore, For a very large population the ratio between  and σ is 8 : 40. The sample size n will be 25

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