If a Population Distribution Is Known to Be Normal,then It

question 26

Multiple Choice

If a population distribution is known to be normal,then it follows that:

• A)The sample mean must equal the population mean.
• B)The sample mean must equal the population mean for large samples.
• C)The sample standard deviation must equal the population standard deviation.
• D)All of these.
• E)None of these.

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Definitions:

Predetermined Overhead Rate

An estimated charge used for cost allocation within a budget or accounting period, calculated by dividing the estimated manufacturing overhead costs by an allocation base.

Machine-Hours

A measure of production output or work, indicating the total time machines are operated.

Bill Of Materials

A document that shows the quantity of each type of direct material required to make a product.

Direct Material

Raw materials that can be directly associated with the production of a specific product.