The Central Limit Theorem Tells Us

question 3

Multiple Choice

The central limit theorem tells us:

• A)In small samples, significance tests can't be trusted.
• B)In small samples, the assumptions of parametric tests matter less.
• C)If the sample is large enough we can assume homogeneity of variance.
• D)If the sample is large enough, the sampling distribution of a parameter will be normal.

Analyze the enforceability of contracts involving minors, including the concepts of necessaries and emancipation.

Comprehend the effect of mental impairment on contract validity.

Recognize the legal consequences of illegal agreements and how illegality affects contract enforceability.

Understand the role and requirement of licenses in professional and business practices.