All of the Following Are True About the Sampling Distribution

question 48

Multiple Choice

All of the following are true about the sampling distribution of the mean except ________.

• A)the population standard deviation can be determined when a large sample size is used
• B)the standard deviation of this distribution is called the standard error of the mean
• C)when larger sample sizes are used for this distribution,the sampling error is less
• D)this distribution approaches the normal distribution if the sample size is large enough

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Definitions:

Existing Business

A company or enterprise that has been operative for a period of time and has a track record of financial and operational history.

Existing Business

Refers to a business that has already been set up and is currently in operation.

Goodwill

An intangible asset representing the value of a company's brand, customer relations, employee morale, and other factors not directly measurable but that contribute to earnings.

Purchase Price

The amount of money paid to acquire a product or service.