Which of the Following Is True Regarding the Sampling Distribution

question 97

Multiple Choice

Which of the following is true regarding the sampling distribution of the mean for a large sample size?

• A) It has a normal distribution with the same mean and standard deviation as the population.
• B) It has a normal distribution with the same mean as the population but with a smaller standard deviation.
• C) It has the same shape and mean as the population, but has a smaller standard deviation.
• D) It has the same shape, mean, and standard deviation as the population.

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Definitions:

Net Income

The end profit for a business after total revenue is reduced by expenses and tax obligations.

Perpetual Inventory System

An approach to inventory management where inventory levels are updated in real-time following each sale or purchase.

Sales Return

Goods returned by the customer to the seller after the sale, leading to a reversal of revenue recorded.

Collection

Collection involves the process of gathering or receiving payments, funds, or necessary documents, especially in the context of business receivables or debts.