Given a standard deviation of 3.5 and a sample size of 5, what is the standard error? Round to the nearest hundredth.(1 point)
To calculate the standard error, you need to divide the standard deviation by the square root of the sample size.
Standard Error = Standard Deviation / √(Sample Size)
Standard Error = 3.5 / √(5)
Standard Error = 3.5 / √5
Standard Error ≈ 3.5 / 2.24
Standard Error ≈ 1.56
Therefore, the standard error is approximately 1.56 when rounded to the nearest hundredth.