Suppose X Has a Distribution That Is Not Normal

question 25

Multiple Choice

Suppose X has a distribution that is not normal.The Central Limit Theorem is important in this case because:

• A) it says the sampling distribution ofis approximately normal for any sample size.
• B) it says the sampling distribution ofis approximately normal if n is large enough.
• C) it says the sampling distribution ofis exactly normal,for any sample size.
• D) None of these choices.

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Definitions:

Planning Budget

A budget prepared for a specific level of activity, outlining expected revenues, expenses, and resource requirements.

Employee Salaries

Regular payments made to employees for performing their job duties.

Service Company

A business that earns revenue by providing intangible products or services, as opposed to selling physical goods.

Indirect Labor

The labor costs of janitors, supervisors, materials handlers, and other factory workers that cannot be conveniently traced to particular products.