The Standard Deviation of the Sampling Distribution Of $\bar { X }$

question 98

Multiple Choice

The standard deviation of the sampling distribution of $\bar { X }$ is also called the:

• A) central limit theorem.
• B) population standard deviation.
• C) finite population correction factor.
• D) standard error of the sample mean.

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Definitions:

Years-Of-Future-Service Method

An actuarial technique used to calculate pension benefits, taking into account the expected years of service remaining for an employee.

Defined Benefit Pension Plan

A retirement plan where employee benefits are calculated using a formula that considers several factors, such as length of employment and salary history, with the employer bearing the investment risk.

Projected Benefit Obligation

An actuarial estimation of the present value of all the benefits earned by employees, taking into account expected future salary increases.

Pension Plan Assets

Funds and investments held by a pension fund to meet future obligations to retirees.