1. An experiment involves selecting a random sample of 256 middle managers at random for study. One item of interest is their mean annual income. The sample mean is commuted to be $35,420 and the sample standard deviation is $2,050. What is the standard error of the mean?
2. The wildlife department has been feeding a specal food to rainbow trout fingerlings in a pond. A sample of the weights of 40 trout revealed that the mean weight is 402.7 grams and the standard deviation 8.8 grams. What is the probability that the mean weight for a sample of 40 trout exceeds 405.5 grams?