If a Population Is Not Normally Distributed,the Sampling Distribution of the Sample

question 16

True/False

If a population is not normally distributed,the sampling distribution of the sample means tends to approximate a normal distribution.

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Definitions:

Principal

The initial amount of money borrowed or invested, excluding any interest or dividends.

Compounded Monthly

Interest on an investment or loan calculated and added to the principal amount on a monthly basis.

Future Payments

Payments that are scheduled to occur at future dates as part of a financial agreement or plan.

Debtor

A person or entity that owes money to another, typically as the result of a loan or other financial agreement.