When We Want to Infer from a Sample to the Population,what

question 55

Multiple Choice

When we want to infer from a sample to the population,what must be assumed?

• A)The sample is normally distributed.
• B)The sample is large.
• C)The population is normally distributed.
• D)The population is large.

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Definitions:

Labor

The physical and mental effort used to produce goods and services.

Human Creations

Innovations, artworks, processes, and inventions that result from human imagination and intellect.

Capital

Resources made and used by people to produce and distribute goods and services, including buildings, machinery, and equipment.

Entrepreneurial Ability

The imagination required to develop a new product or process, the skill needed to organize production, and the willingness to take the risk of profit or loss